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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934 (as applicable to Financial Sector)

RBI issues Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Third Amendment Directions, 2026

19-Jun-2026 | RBI/2026-27/147 DOR.RET.REC.126/12.01.001/2026-27

RBI has issued Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Third Amendment Directions, 2026 Through this amendment, Paragraph 21(6) has been inserted and it says "fresh Non-Resident (External) Rupee (NRE) term deposits with a tenor of three years or more, mobilized by Regional Rural Banks between June 19, 2026 and September 30, 2026, including deposits renewed on maturity, will be exempt from the maintenance of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). The CRR exemption will apply from the reporting fortnight beginning July 16, 2026, based on Net Demand and Time Liabilities (NDTL) computed as on June 30, 2026, and will continue for the original deposit amount while the deposits remain with the bank. The RBI clarified that transfers from Non-Resident (Ordinary) (NRO) accounts to NRE accounts will not qualify for the exemption". For more information, please refer the attached document.

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