Revise monthly events by exam family instead of reading random updates.
GK and monthly revision
Reporting of FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) mobilized under Reserve Bank’s Swap Facility
On June 5, 2026, the Reserve Bank of India (RBI) announced a concessional swap facility to boost capital inflows and strengthen the balance of payments. This facility became operational on June 8, 2026, and is available until September 30, 2026, for FCNR(B) deposits, and until December 31, 2026, for OFCBs and ECBs. By July 17, 2026, the facility had attracted significant forex inflows totaling USD 20,718 million, highlighting its effectiveness in enhancing foreign currency resources.
Revision structure
How to study
Turn news into exam marks
Pair one-liners with mock tests so mistakes become the next revision list.
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