2026-08-25
Added
The document amends the exemption periods for Cash Reserve Ratio and Statutory Liquidity Ratio maintenance for fresh Foreign Currency Non-Resident (Bankers) deposits and fresh Non-Resident (External) Rupee term deposits held by Urban Co-operative Banks. Specifically, the end date for these exemptions is changed from September 30, 2026, to August 31, 2026, while the start dates remain June 8, 2026, and June 19, 2026, respectively. These changes apply to deposits mobilized between June 8, 2026, and August 31, 2026, and between June 19, 2026, and August 31, 2026. The directions modify paragraphs 21(5) and 21(6) of the Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025, and come into force with immediate effect.
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