Swap Window for Attracting FCNR (B) Dollar Funds

RBI/2013-14/273
FMD.MOAG. No. 85/01.06.016/2013-14

September 19, 2013

To

All Scheduled Banks [excluding Regional Rural Banks (RRBs)]

Dear Sir/ Madam,

Swap Window for Attracting FCNR (B) Dollar Funds

Please refer to our circular FMD.MAOG.No.84/01.06.016/2013-14 dated September 6, 2013 on the captioned subject.

2. Banks have raised various queries relating to the operationalisation of the captioned swap window. These queries along with the answers/ clarifications are put up in the RBI website under the section “FAQs” and can be accessed athttp://rbi.org.in/scripts/FAQView.aspx?Id=98. A copy of these questions and answers is annexed to this circular for your ready reference.

Yours sincerely

(G. Mahalingam)
Principal Chief General Manager