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            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

            Provisions expressly mentioned in the judgment/order text.

            <h1>FCNR(B) swap eligibility requires fresh deposits in permitted currencies with three-year maturity and one-year lock-in.</h1> Only fresh FCNR(B) deposits mobilised after the announced cutoff are eligible for swap: they must be in permitted currencies, have a minimum three year maturity and a one year lock in; other FCNR(B) deposits, though permissible, do not qualify. Banks must maintain separate ledgers and an auditable transaction trail to distinguish swap-eligible deposits from other FCNR(B) mobilisations.

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