MUMBAI, India, Aug. 7 -- Reserve Bank of India issued the following notification:
RBI/2026-27/232
FIDD.CO.PSD.BC.No.08/04.09.001/2026-27
August 07, 2026
Reserve Bank of India (Priority Sector Lending - Targets and Classification) Second Amendment Directions, 2026
Please refer to the Governor's Statement dated June 5, 2026, and RBI circular FMOD.MAOG.No.S-56/01.06.016/2026-27 dated June 08, 2026 on 'Swap Facility for FCNR (B) Deposits', 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. Further, reference is also invited to the Reserve Bank of India (Cash Reserve ...