2026-06-19
The Reserve Bank of India issued the Third Amendment Directions, 2026, to exempt specific Non-Resident External Rupee term deposits from Cash Reserve Ratio and Statutory Liquidity Ratio requirements. This exemption applies to fresh NRE deposits with a tenor of three years or more mobilized by Small Finance Banks between June 19, 2026, and September 30, 2026. The directive modifies the 2025 Directions to include this relief starting from the reporting fortnight of July 16, 2026, while excluding transfers from Ordinary Non-Resident accounts.