2026-06-08
Added · Updated
Fresh FCNR (B) deposits with a minimum tenor of three years and a maximum tenor of five years, mobilized by Small Finance Banks between June 8, 2026, and September 30, 2026, are exempted from the maintenance of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). This exemption applies to deposits including those renewed upon maturity and remains available for the original deposit amounts while held in the bank books. The exemption on 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 (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025, and come into force with immediate effect.
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