Regulatory Alerts2026-06-08
Added · Updated
Reserve Bank of India (Urban 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 Urban Co-operative 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 original deposit amounts held in bank books and includes deposits renewed upon maturity. The exemption from CRR maintenance becomes effective from the reporting fortnight beginning July 1, 2026. These Amendment Directions modify 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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