# RBI to close FCNR(B) window early after $52.3 billion inflows

2026-08-15T02:46:30+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

The Reserve Bank of India will close its special FCNR(B) deposit window on August 31, a month earlier than planned, after banks mobilised $52.3 billion by August 13. Banks can swap these dollars with the RBI until September 11. The facility, launched on June 8, allows banks to bring in foreign currency and receive rupees from the central bank, with the transaction reversed at maturity. Total inflows under the FCNR(B), overseas foreign currency borrowing and external commercial borrowing channels reached $56.9 billion. OFCBs contributed $2.8 billion and ECBs $1.7 billion. The latter two facilities will remain open until December 31, 2026. SBI mobilised about $7.3 billion through the programme, its chairman said.

## Coverage

- economictimes.indiatimes.com <https://economictimes.indiatimes.com/nri/invest/rbi-to-close-fcnrb-forex-swap-facility-early-after-strong-dollar-inflow/articleshow/133241787.cms>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/business/india-business/with-52-3-billion-raised-fcnrb-scheme-to-close-a-month-early/articleshow/133253897.cms>

Tags: FCNR(B), Indian rupee, Jefferies, RBI
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