TMI BlogCan the maturing FCNR (B) deposits be renewed and construed as fresh deposits for the purpose of swap?X X X X Extracts X X X X X X X X Extracts X X X X ..... Ans. Yes. However, only such deposits which are renewed on maturity for a minimum tenor of three years and having a lock in period of one year would qualify as eligible deposits for undertaking swap w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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