Regulatory Alerts2026-06-08
Added · Updated
Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026
Fresh FCNR (B) deposits with a minimum tenor of three years and a maximum tenor of five years, mobilized by rural co-operative banks between June 8, 2026, and September 30, 2026, are exempt from the maintenance of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). This exemption applies to the original deposit amounts while they remain in the bank books and extends to deposits renewed upon maturity. The exemption from CRR maintenance becomes effective from the reporting fortnight beginning July 1, 2026, based on the Net Demand and Time Liabilities (NDTL) computation as on June 15, 2026. These provisions modify the Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025, and come into force with immediate effect.
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