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RBI has shortened the temporary relaxation on FCNR(B) and NRE deposit interest-rate restrictions for six categories of banks, changing the sunset date from 30 September 2026 to 31 August 2026.
25 August 2026Eff. 25 August 202610 min
RBI issued six Amendment Directions dated June 17, 2026, temporarily withdrawing the interest rate ceiling on FCNR(B) deposits (3-5 year tenors) and the restriction on NRE deposit rates (3 years and above) across all categories of banks, till September 30, 2026.
23 June 2026Eff. 17 June 202620 min