The Reserve Bank of India (RBI) has directed all Authorised Dealer (AD) Category-I banks to submit daily data on Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, External Commercial Borrowings (ECBs), and Overseas Foreign Currency Borrowings (OFCBs) mobilized under the RBI’s swap facilities introduced through circulars dated June 8, 2026. The data must be submitted by 6:00 p.m. every day in the prescribed formats to the designated RBI email addresses. Banks are also required to submit a NIL statement on days when no transactions occur, except on Saturdays and holidays. Further, data relating to FCNR(B) deposits, ECBs, and OFCBs mobilized from June 8, 2026 until the issuance of this circular must be submitted along with the first reporting due on June 22, 2026. The directions have been issued under Sections 10(4), 11(1), and 11(2) of the Foreign Exchange Management Act (FEMA), 1999.
Reserve Bank of India
RBI/2026-27/144
A.P. (DIR Series) Circular No. 15 | Dated: June 19, 2026
To
All Authorised Dealer Category-I Banks
Madam / Sir
Reporting of FCNR (B) Deposits, ECB and OFCB mobilized under Reserve Bank’s Swap Facility
Attention of Authorised Dealer (AD) Category-I banks is invited to circulars FMOD.MAOG.No.S-56/01.06.016/2026-27 dated June 8, 2026, on ‘Swap Facility for FCNR (B) Deposits’ and FMOD.MAOG.No.S-57/01.06.016/2026-27 dated June 8, 2026, on ‘Swap Facility for External Commercial Borrowings and Overseas Foreign Currency Borrowings’.
2. All AD Category-I banks are advised to submit daily data on FCNR (B) deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs), mobilized under the provisions of the above FMOD circulars, by 6 p.m. every day. The data shall be submitted in the format provided at Annex I for FCNR (B) deposits to fedcoepd@rbi.org.in, Annex II for ECBs to ecbframework@rbi.org.in and for OFCBs in Annex III to fmrdfx@rbi.org.in. In case of no transactions during the day, a NIL statement should be submitted (except on Saturdays and holidays).
3. The data on FCNR (B) deposits, ECBs and OFCBs from June 08, 2026 till issuance of these directions, shall be submitted along with the first reporting due on June 22, 2026.
4. The directions contained in this circular have been issued under Sections 10(4), 11(1) and 11(2) of the FEMA, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.
Yours faithfully
(Dr. Aditya Gaiha)
Chief General Manager-In-Charge
Enclosures: Annex I, II and III
