2026-09-11
Added · Updated
The document amends the exemption period for excluding advances against fresh FCNR (B) and NRE term deposits from Adjusted Net Bank Credit (ANBC) calculations. The original end date of September 30, 2026, is changed to August 31, 2026, for deposits mobilized between June 8, 2026, and August 31, 2026. This adjustment applies to advances qualifying for Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) exemptions under specific June 2026 directions. The amendment takes immediate effect.
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( 263 kb ) Reserve Bank of India (Priority Sector Lending – Targets and Classification) Third Amendment Directions, 2026 RBI/2026-27/256 FIDD.CO.PSD.BC.No.10/04.09.001/2026-27
September 11, 2026
Reserve Bank of India (Priority Sector Lending – Targets and Classification) Third Amendment Directions, 2026
Please refer to Reserve Bank of India (Priority Sector Lending – Targets and Classification) Second Amendment Directions, 2026 issued on August 7, 2026 , specifying that the following advances extended in India would be excluded from calculation of Adjusted Net Bank Credit (ANBC):
a) advances against the fresh FCNR (B) deposits of minimum tenor of three years and maximum tenor of five years mobilised (including deposits that are renewed upon maturity) by the banks between June 08, 2026 and September 30, 2026, and
b) advances against NRE term deposits of three years or more mobilised (including deposits that are renewed upon maturity) by the banks between June 19, 2026 and September 30, 2026.
i. Item no. VI in the table at paragraph 6.1 shall be partially modified as below:
“Advances extended in India against
out of the fresh FCNR (B) / NRE deposits (including deposits that are renewed upon maturity), qualifying for exemption from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements, as per the Reserve Bank of India (Cash Reserve Ratio and Statutory Liquidity Ratio) Second and Third
Fourth Amendment Directions dated June 08, 2026 and June 19, 2026
August 25, 2026 , as applicable to various banks.
Note: The amount to be excluded from ANBC for computation of priority sector targets shall not exceed the fresh
outstanding FCNR (B) / NRE deposits eligible for exemption from maintenance of CRR / SLR in terms of the above Amendment Directions.”
Yours faithfully,
(Nisha Nambiar) Chief General Manager-in-Charge
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Source: Reserve Bank of India — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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