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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>Swap eligibility: banks may use RBI swap facility when original FCNR(B) tenor met, despite marginally shorter residual maturity.</h1> Banks may access the RBI swap window for FCNR(B) dollar funds where the deposits were originally mobilised for a minimum tenor of three years with a one-year lock-in, and swaps are transacted in prescribed multiples of one million US dollars; in such cases RBI permits swaps of tenors marginally shorter than three years when residual maturity falls below three years.

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