MUMBAI, India, June 8 -- Reserve Bank of India issued the following notification:
RBI/2026-27/102
DOR.RET.REC.84/12.01.001/2026-27
June 08, 2026
Reserve Bank of India (Commercial Banks - Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026
Please refer to the Governor's Statement dated June 5, 2026, wherein it has been decided to introduce a US Dollar-Rupee swap facility for fresh Foreign Currency Non-Resident (Bank) [FCNR (B)] dollar funds, mobilised for a minimum tenor of three years and maximum tenor of five years.
2. In this connection, please refer to the Reserve Bank of India (Commercial Banks - Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025 (Updated as on January 22, 2026). It...