The Reserve Bank of India (RBI) on June 19, 2026, issued a notification regarding reporting of FCNR (B) Deposits, ECB and OFCB mobilized under Reserve Bank’s Swap Facility.
The following has been stated:-
•The Reserve Bank of India has directed AD Category-I banks to submit daily data on FCNR(B) deposits, External Commercial Borrowings (ECBs), and Overseas Foreign Currency Borrowings (OFCBs) mobilized under its swap facility schemes.
•Reports must be submitted by 6 p.m. each day in the prescribed formats, with NIL returns required on days without transactions (except Saturdays and holidays).
•Data covering the period from June 08, 2026, until issuance of the circular must be included in the first report due on June 22, 2026.
•The directions have been issued under the provisions of the Foreign Exchange Management Act, 1999 (FEMA).
The detailed notification is given in the document below.
[Notification No.: RBI/2026-27/144 A.P. (DIR Series) Circular No. 15]
