RBI:
Banks have been allowed to undertake swaps of eligible FCNR(B) deposits with RBI at a concessional fixed rate of 1.5% per annum for deposits mobilised between 08.06.2026 and 30.09.2026.
[Notification No. RBI/2026-27/99 FMOD.MAOG.No.S-56/01.06.016/2026-27 dated 08.06.2026]