RBI closes FCNR(B) swap window on Aug 31 after $52.3bn inflow
Banking inflows of $52.3 bn via the FCNR(B) deposit swap forced the RBI to pull the facility a month early, closing the window on Aug 31 and extending swap execution to Sep 11. The early shutdown signals the central bank has met its foreign‑exchange targets, easing pressure on its balance sheet.