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    <title>Can the maturing FCNR (B) deposits be renewed and construed as fresh deposits for the purpose of swap?</title>
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    <description>Only FCNR(B) deposits that are renewed on maturity for a minimum tenor of three years and that carry a lock in period of one year qualify as eligible deposits for undertaking a swap under the swap window for attracting FCNR(B) dollar funds.</description>
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    <pubDate>Fri, 13 Dec 2024 14:55:00 +0530</pubDate>
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      <description>Only FCNR(B) deposits that are renewed on maturity for a minimum tenor of three years and that carry a lock in period of one year qualify as eligible deposits for undertaking a swap under the swap window for attracting FCNR(B) dollar funds.</description>
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      <pubDate>Fri, 13 Dec 2024 14:55:00 +0530</pubDate>
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