RBI has exempted eligible FCNR(B) deposits from CRR and SLR requirements until September 30, 2026. The measure is aimed at attracting foreign currency funds and strengthening banking system liquidity.
The guide explains Sections 54 to 54GB, showing how taxpayers can claim capital gains tax exemptions through reinvestment, subject to eligibility, timelines, limits, and compliance conditions.
RBI has exempted fresh FCNR(B) deposits mobilized between June 8 and September 30, 2026 from CRR and SLR requirements. The move aims to attract overseas deposits and enhance liquidity in the banking system.
RBI has exempted eligible FCNR(B) deposits from CRR and SLR requirements for urban co-operative banks. The move aims to attract foreign currency deposits and improve liquidity in the banking sector.
RBI has granted CRR and SLR exemption for eligible FCNR(B) deposits mobilized between June 8 and September 30, 2026. The move is aimed at attracting foreign currency funds into the banking system.
RBI has granted CRR and SLR exemption on eligible FCNR(B) deposits mobilized until September 30, 2026. The move is aimed at attracting foreign currency funds and strengthening banking sector liquidity.
RBI has permitted AD Category-I banks to exclude swap positions arising from FCNR(B) deposits, ECBs and OFCBs from NOP-INR calculations. The move supports participation in RBI’s new swap facilities without breaching exposure limits.
RBI has launched a US Dollar-Rupee swap facility for eligible PSU external commercial borrowings and overseas foreign currency borrowings. The scheme enables banks to hedge qualifying inflows through RBI at a fixed swap cost.
RBI introduced a US Dollar-Rupee swap facility for fresh FCNR(B) deposits with tenors of three to five years. The scheme enables banks to swap eligible deposits with RBI, supporting foreign currency deposit mobilization and liquidity management.
IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing framework. No equity holding or other corporate linkage is required for this purpose.
