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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Summary
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
Key Facts
TypeRelease
SourceReserve Bank of India
PublishedMonday, 20 July 2026
Affected Population~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of Electronics & ITTRAICERT-InMinistry of FinanceRBI
Key Stakeholders
Internet UsersTech CompaniesStartupsTaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionSaturday, 1 August 2026via rbi
With a view to strengthen our balance of payments and incentivise capital inflows, RBI had announced a series of measures including a facility for offering concessional swaps for fresh FCNR(B) deposits, OFCB and ECB inflows, on June 5, 2026. This facility was operationalized on June 8, 2026, and is available upto September 30, 2026, for the FCNR(B) deposits and upto December 31, 2026, for the OFCBs and ECBs. 2. The swap facility has seen avid interest and attracted steady forex inflows since Jun
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
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