RBI31 Jul 2026press-releasePrepared by Complied AI

Reporting of FCNR(B) Deposits, External Commercial Borrowings and Overseas Foreign Currency Borrowings Mobilized under Reserve Bank Swap Facility

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Reporting of FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) mobilized under Reserve Bank’s Swap Facility

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The Reserve Bank of India has reported the total forex inflows mobilized under its concessional swap facility as of July 31, 2026. The facility, which was announced on June 5, 2026, and operationalized on June 8, 2026, has attracted a total of USD 40,816 million. This includes USD 36,725 million in FCNR(B) deposits, USD 2,575 million in Overseas Foreign Currency Borrowings (OFCBs), and USD 1,516 million in External Commercial Borrowings (ECBs). The facility remains available for FCNR(B) deposits until September 30, 2026, and for OFCBs and ECBs until December 31, 2026.

Who is affected: Authorised Dealer Banks
Key dates: Announcement date of the swap facility — 04 Jun 2026
Operationalization date of the swap facility — 07 Jun 2026
Availability deadline for FCNR(B) deposits — 29 Sept 2026
Availability deadline for OFCBs and ECBs — 30 Dec 2026

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Source details

Source: Reserve Bank of India
Type: press-release
Published by source: 31 Jul 2026
Document number: 2026-2027/796
Issuing division: Department of Communication
Coverage area: banking

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August 01, 2026

Reporting of FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) mobilized under Reserve Bank’s Swap Facility

RBI had announced a facility for offering concessional swaps for fresh FCNR(B) deposits, OFCB and ECB inflows, on June 05, 2026 and the same was operationalised on June 08, 2026, which is available upto September 30, 2026, for the FCNR(B) deposits and upto December 31, 2026, for the OFCBs and ECBs.

Based on the data received from Authorised Dealer Banks, the position of forex inflows mobilised till July 31, 2026, under the above facility is given below.

Type	Amount (USD million)
FCNR(B) Deposits	36,725
OFCBs	2,575
ECBs	1,516
Total	40,816

(Brij Raj) Press Release: 2026-2027/796 Chief General Manager ᮧेस ᮧकाशनी PRESS RELEASE

भारतीय ᳯरज़वर् बᱹक

RESERVE BANK OF INDIA

वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502

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