The Reserve Bank of India (RBI) on June 19, 2026, notified the Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Third Amendment Directions, 2026 to amend the Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025.
The following has been stated:-
•The Reserve Bank of India has issued the Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio Third Amendment Directions, 2026, effective immediately.
•The amendment exempts fresh NRE term deposits of three years or more, mobilized or renewed between June 19, 2026 and September 30, 2026, from CRR and SLR requirements.
•The CRR exemption will apply from the reporting fortnight beginning July 16, 2026, based on NDTL computation as of June 30, 2026.
•The benefit remains available for the original deposit amount as long as it is retained in the bank’s books.
•Transfers from NRO accounts to NRE accounts are not eligible for the exemption.
•The Directions also update reporting provisions and Annex A of Form A to incorporate the new exempted NRE deposit category.
URL: https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13160
The detailed notification is given in the document below.
[Notification No.: RBI/2026-27/145 DOR.RET.REC.123/12.01.001/2026-27]
