RBI Revises Temporary Interest Rate Relaxation Period for FCNR(B) and NRE Deposits – Effective Till August 31, 2026


Quick Summary
The Reserve Bank of India has amended the temporary relaxation period for interest rates on FCNR(B) and NRE deposits. Originally set to end on September 30, 2026, this relaxation, which applies to fresh FCNR(B) deposits of 3-5 year tenors and NRE deposits of 3 years and above, will now conclude on August 31, 2026. These changes are effective immediately.

August 25, 2026 Reserve Bank of India (Small Finance Banks Interest Rate on Deposits) Third Amendment Directions, 2026 Please refer to the Reserve Bank of India (Small Finance Banks Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as Directions), dated November 28, 2025 (Updated as on June 17, 2026), wherein temporary withdrawal of the interest rate ceiling on fresh FCNR(B) deposits of 3-5 year tenors and restriction on interest rates on NRE deposits of 3 year and above t
Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited Notice & Circular Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

The RBI has revised the end date for the temporary relaxation of interest rate ceilings on FCNR(B) and NRE deposits. The relaxation period will now end on August 31, 2026, instead of September 30, 2026.

This revision affects fresh FCNR(B) deposits with tenors of 3-5 years and NRE deposits with tenors of 3 years and above, including renewed deposits.

The temporary relaxation period began on June 17, 2026.

The new end date for the temporary interest rate relaxation is August 31, 2026.

These Amendment Directions come into force with immediate effect.

 

Comments



CCI Pro





Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details