Can a bank approach RBI for termination of the swap even if the underlying FCNR (B) deposit(s) has not been prematurely withdrawn? https://www.taxtmi.com/manuals?id=6442 Banks are not permitted to request the Reserve Bank to terminate a foreign exchange swap linked to an FCNR (B) deposit while the underlying deposit has not been prematurely withdrawn; termination requests are contingent on the withdrawal status of the FCNR (B) account. en-us Fri, 13 Dec 2024 14:57:00 +0530 Fri, 13 Dec 2024 14:57:00 +0530 TaxTMI RSS Generator Can a bank approach RBI for termination of the swap even if the underlying FCNR (B) deposit(s) has not been prematurely withdrawn? https://www.taxtmi.com/manuals?id=6442 Banks are not permitted to request the Reserve Bank to terminate a foreign exchange swap linked to an FCNR (B) deposit while the underlying deposit has not been prematurely withdrawn; termination requests are contingent on the withdrawal status of the FCNR (B) account. Manuals FEMA Fri, 13 Dec 2024 14:57:00 +0530 https://www.taxtmi.com/manuals?id=6442