These directions are applicable to Rural Coop Banks, Urban Coop Banks, Regional Rural Banks, Small Finance Banks and Commercial Banks. It provides that fresh Non-Resident (External) Rupee (NRE) term deposits with a tenor of three years or more, mobilized by Regional Rural Banks between 19th June 2026 and 30thSeptember 2026, including deposits renewed on maturity, will be exempt from the maintenance of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). The transfers from Non-Resident (Ordinary) (NRO) accounts to NRE accounts will not qualify for the exemption.
(Link: RBI Circular 149/2026 (RRB), 148/2026 (RCB), 147/2026 (UCB), 146/2026 (SFB), 145/2026 (CB) Dated 19/06/2026)