5x the 2013 FCNR(B) Haul: Banks pull in record $127 billion in 84 days
03-Sep-2026
Indian banks have collected FCNR(B) deposits worth $127 billion under the RBI’s Swap Facility, which closed earlier than originally planned, on August 31.
As reported by Authorised Dealer Banks as of August 31, 2026, forex inflows under the facility totaled $1,36,377 million ($136 billion). Of this, FCNR(B) deposits accounted for $1,27,226 million ($127 billion), OFCBs contributed $5,260 million, and ECBs added $3,891 million.
The 2013 campaign raised approximately $26 billion in FCNR(B) deposits, a figure that has now been exceeded comfortably.
News Source:- https://www.financialexpress.com/immigration/rbis-fcnrb-swap-facility-attracts-127-billion/4330733/?ref=hometop_hp
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