The Reserve Bank of India has released the Fourth Amendment Directions for Regional Rural Banks regarding CRR and SLR requirements. The amendment provides exemptions for new FCNR(B) deposits.
RBI Issues Fourth Amendment Directions for CRR and SLR in Regional Rural Banks
On August 25, 2026, the Reserve Bank of India (RBI) published the Fourth Amendment Directions (RBI/2026-27/240) regarding the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for Regional Rural Banks.
This amendment updates prior Directions issued on June 19, 2026, which exempt fresh FCNR(B) deposits from CRR and SLR maintenance requirements.
The RBI aims to provide liquidity support to Regional Rural Banks through these exemptions, facilitating better financial stability.
Legal practitioners should keep abreast of these developments to ensure effective compliance and advisory services in the banking field.
Citations
- RBI/2026-27/240 Reserve Bank of India