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Forex Inflows from FCNR(B), ECBs, and OFCBs
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Reserve Bank of Indiabankingcorporate

Forex Inflows from FCNR(B), ECBs, and OFCBs

August 16, 2026

The RBI has reported significant forex inflows from FCNR(B) deposits, External Commercial Borrowings (ECBs), and Overseas Foreign Currency Borrowings (OFCBs) totaling $56 billion as of August 13, 2026.

Report on Forex Inflows under RBI’s Swap Facility

The Reserve Bank of India has announced that as of August 13, 2026, total forex inflows under the special USD-INR Forex Swap facility amount to $56 billion. This figure includes contributions from FCNR(B) deposits, External Commercial Borrowings (ECBs), and Overseas Foreign Currency Borrowings (OFCBs).

Specifically, the inflows are detailed as follows: $52.3 billion from FCNR(B) deposits, $2.805 billion from OFCBs, and $1.741 billion from ECBs. This influx underscores the positive reception of the swap facility introduced in June 2026, aimed at enhancing liquidity and stabilizing the forex market.

For attorneys engaged in corporate and financial advisory roles, these figures signify a favorable environment for companies looking to leverage foreign capital. It is essential to analyze the conditions that govern these financial instruments for informed client advisories.

Citations

  • RBI Forex Inflows Report (2026)
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