We at Finakon track the regulatory changes. We also use AI to create a summary. We are providing a quick overview of the RBI circulars on a weekly basis on our website. The summary is neither exhaustive nor comprehensive. For accurate information, users shall refer to the original circular of the regulator. Finakon shall not be responsible for inferences drawn based on the summary provided.
DF-NBFCs in the Upper Layer to Follow NBFC-IFC Large Exposure Limits
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Non-Banking Financial Companies – Concentration Risk Management) Fourth Amendment Directions, 2026, with immediate effect.
The amendment revises the Large Exposure Framework applicable to Infrastructure Debt Fund–Non-Banking Financial Companies (IDF-NBFCs) that are subject to Upper Layer regulations.
A new paragraph, 39A, has been inserted under Chapter IV – Guidelines Applicable to NBFC – Upper Layer of the Reserve Bank of India (Non-Banking Financial Companies – Concentration Risk Management) Directions, 2025.
Under the amendment, the large exposure limits applicable to NBFC-Infrastructure Finance Companies (NBFC-IFCs) shall also apply to IDF-NBFCs regulated under the Upper Layer, in accordance with the applicable provisions of the RBI Directions, 2025.
The Amendment Directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13679
RBI Revises CRR and SLR Exemption Window for FCNR(B) and NRE Term Deposits
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Fourth Amendment Directions, 2026, with immediate effect.
The amendment revises the period during which eligible fresh FCNR(B) deposits and Non-Resident (External) Rupee (NRE) term deposits are exempt from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) maintenance requirements.
For eligible fresh FCNR(B) deposits with a tenor of three to five years, the exemption period has been revised from June 8, 2026 to September 30, 2026 to June 8, 2026 to August 31, 2026.
Similarly, for eligible fresh NRE term deposits with a tenor of three years or more, including deposits renewed upon maturity, the exemption period has been revised from June 19, 2026 to September 30, 2026 to June 19, 2026 to August 31, 2026.
The Amendment Directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13680
RBI Revises CRR and SLR Exemption Period for Small Finance Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Fourth Amendment Directions, 2026, with immediate effect.
The amendment revises the period during which eligible fresh FCNR(B) deposits and Non-Resident (External) Rupee (NRE) term deposits mobilised by Small Finance Banks are exempt from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) maintenance requirements.
For eligible fresh FCNR(B) deposits with a tenor of three to five years, the exemption period has been revised from June 8, 2026 to September 30, 2026 to June 8, 2026 to August 31, 2026.
For eligible fresh NRE term deposits with a tenor of three years or more, including deposits renewed upon maturity, the exemption period has been revised from June 19, 2026 to September 30, 2026 to June 19, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13681
RBI Revises CRR and SLR Exemption Period for Regional Rural Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Fourth Amendment Directions, 2026, with immediate effect.
The amendment revises the period during which eligible fresh FCNR(B) deposits and Non-Resident (External) Rupee (NRE) term deposits mobilised by Regional Rural Banks (RRBs) are exempt from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) maintenance requirements.
For eligible fresh FCNR(B) deposits with a tenor of three to five years, the exemption period has been revised from June 8, 2026 to September 30, 2026 to June 8, 2026 to August 31, 2026.
For eligible fresh NRE term deposits with a tenor of three years or more, including deposits renewed upon maturity, the exemption period has been revised from June 19, 2026 to September 30, 2026 to June 19, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13682
RBI Revises CRR and SLR Exemption Period for Urban Co-operative Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Fourth Amendment Directions, 2026, with immediate effect.
The amendment revises the period during which eligible fresh FCNR(B) deposits and Non-Resident (External) Rupee (NRE) term deposits mobilised by Urban Co-operative Banks (UCBs) are exempt from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) maintenance requirements.
For eligible fresh FCNR(B) deposits with a tenor of three to five years, the exemption period has been revised from June 8, 2026 to September 30, 2026 to June 8, 2026 to August 31, 2026.
For eligible fresh NRE term deposits with a tenor of three years or more, including deposits renewed upon maturity, the exemption period has been revised from June 19, 2026 to September 30, 2026 to June 19, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13683
RBI Revises CRR and SLR Exemption Period for Rural Co-operative Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Fourth Amendment Directions, 2026, with immediate effect.
The amendment revises the period during which eligible fresh FCNR(B) deposits and Non-Resident (External) Rupee (NRE) term deposits mobilised by Rural Co-operative Banks are exempt from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) maintenance requirements.
For eligible fresh FCNR(B) deposits with a tenor of three to five years, the exemption period has been revised from June 8, 2026 to September 30, 2026 to June 8, 2026 to August 31, 2026.
For eligible fresh NRE term deposits with a tenor of three years or more, including deposits renewed upon maturity, the exemption period has been revised from June 19, 2026 to September 30, 2026 to June 19, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13684
RBI Shortens Temporary Relaxation Period on FCNR(B) and NRE Deposit Interest Rates
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Third Amendment Directions, 2026, with immediate effect.
The amendment revises the period of temporary relaxation relating to interest rates on FCNR(B) and NRE deposits.
The temporary withdrawal of the interest rate ceiling on fresh FCNR(B) deposits with tenors of 3 to 5 years, along with the applicable interest rate provisions for fresh NRE deposits with tenors of 3 years and above, including deposits renewed upon maturity, was earlier applicable from June 17, 2026 to September 30, 2026.
The relaxation period has now been revised to June 17, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13685
RBI Shortens Temporary Interest Rate Relaxation Period for Small Finance Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Third Amendment Directions, 2026, with immediate effect.
The amendment revises the period of temporary relaxation in interest rate provisions applicable to FCNR(B) and NRE deposits mobilised by Small Finance Banks.
The temporary withdrawal of the interest rate ceiling on fresh FCNR(B) deposits with tenors of 3 to 5 years, along with the applicable interest rate restrictions on fresh NRE deposits with tenors of 3 years and above, including deposits renewed upon maturity, was earlier applicable from June 17, 2026 to September 30, 2026.
The relaxation period has now been revised and will apply from June 17, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13686
RBI Revises Temporary Interest Rate Relaxation Period for Local Area Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Third Amendment Directions, 2026, with immediate effect.
The amendment revises the period of temporary relaxation in interest rate provisions applicable to FCNR(B) and NRE deposits mobilised by Local Area Banks.
The temporary withdrawal of the interest rate ceiling on fresh FCNR(B) deposits with tenors of 3 to 5 years, along with the applicable interest rate restrictions on fresh NRE deposits with tenors of 3 years and above, including deposits renewed upon maturity, was earlier applicable from June 17, 2026 to September 30, 2026.
The relaxation period has now been revised and will apply from June 17, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13687
RBI Revises Temporary Interest Rate Relaxation Period for Regional Rural Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Third Amendment Directions, 2026, with immediate effect.
The amendment revises the period of temporary relaxation in interest rate provisions applicable to FCNR(B) and NRE deposits mobilised by Regional Rural Banks (RRBs).
The temporary withdrawal of the interest rate ceiling on fresh FCNR(B) deposits with tenors of 3 to 5 years, along with the applicable interest rate restrictions on fresh NRE deposits with tenors of 3 years and above, including deposits renewed upon maturity, was earlier applicable from June 17, 2026 to September 30, 2026.
The relaxation period has now been revised and will apply from June 17, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13688
RBI Revises Temporary Interest Rate Relaxation Period for Urban Co-operative Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Third Amendment Directions, 2026, with immediate effect.
The amendment revises the period of temporary relaxation in interest rate provisions applicable to FCNR(B) and NRE deposits mobilised by Urban Co-operative Banks (UCBs).
The temporary withdrawal of the interest rate ceiling on fresh FCNR(B) deposits with tenors of 3 to 5 years, along with the applicable interest rate restrictions on fresh NRE deposits with tenors of 3 years and above, including deposits renewed upon maturity, was earlier applicable from June 17, 2026 to September 30, 2026.
The relaxation period has now been revised and will apply from June 17, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13689
RBI Revises Temporary Interest Rate Relaxation Period for Rural Co-operative Banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Second Amendment Directions, 2026, with immediate effect.
The amendment revises the period of temporary relaxation in interest rate provisions applicable to FCNR(B) and NRE deposits mobilised by Rural Co-operative Banks.
The temporary withdrawal of the interest rate ceiling on fresh FCNR(B) deposits with tenors of 3 to 5 years, along with the applicable interest rate restrictions on fresh NRE deposits with tenors of 3 years and above, including deposits renewed upon maturity, was earlier applicable from June 17, 2026 to September 30, 2026.
The relaxation period has now been revised and will apply from June 17, 2026 to August 31, 2026.
The revised directions are effective immediately.
https://www.rbi.org.in/Scripts/BS_CircularIndexDisplay.aspx?Id=13690
