FCNR(B) deposits contribute $65.4 billion
Of the total $72.848 billion mobilised under the facility, FCNR(B) deposits accounted for $65.397 billion. OFCBs contributed $4.860 billion, while ECBs brought in $2.591 billion.
FCNR(B) deposits therefore accounted for nearly 90% of the total forex inflows reported under the facility, highlighting their dominant contribution to the mobilisation of foreign currency resources.
The RBI had introduced the special USD-INR forex swap facility on June 8, 2026. The facility covers inflows through FCNR(B) deposits, ECBs and OFCBs.
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FCNR(B) window closes on August 31
The RBI said the facility will remain open for FCNR(B) deposits until August 31, 2026. This gives banks and eligible participants a limited window to mobilise additional foreign currency deposits under the scheme.
In contrast, the facility covering ECBs and OFCBs will remain open until December 31, 2026, providing a longer period for inflows through these borrowing channels.
The latest data provide a snapshot of the foreign exchange resources mobilised through the facility ahead of the closure of the FCNR(B) window.
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Total inflows cross $72 billion
The $72.848 billion total includes all three categories covered by the RBI facility. FCNR(B) deposits at $65.397 billion were substantially higher than the combined inflows through OFCBs and ECBs, which stood at $7.451 billion.
The data were released by the RBI on August 22, 2026, under Press Release 2026-2027/948.
The central bank’s figures represent inflows reported by authorised dealer banks as of August 21 and do not provide a further breakdown of individual banks or the specific terms of the transactions.
