
ICICI Bank mobilised USD 17.88 billion through FCNR(B) deposits under the RBI's special foreign currency swap facility.

ICICI Bank mobilised USD 17.88 billion through FCNR(B) deposits under the RBI's special foreign currency swap facility.

RBI swap window draws strong inflows Key Highlights New Delhi, September 2, 2026 — Capital inflows through Foreign Currency Non-Resident (Bank), or FCNR(B), deposits crossed the $100-billion mark by August 31, substantially exceeding the Reserve Bank of India’s earlier expectations for the special foreign-exchange swap programme. According to a Financial...

A realistic illustration of the Reserve Bank of India headquarters with rising forex reserve charts, Indian rupee and US dollar currency, symbolising RBI's successful mobilisation of $40.82 billion to strengthen India's foreign exchange reserves.
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