Posted inRBI Announcements
RBI Restricts INR Derivatives for Non-Residents
RBI restricts INR non-deliverable derivative contracts for non-residents to hedging only and introduces a 20% Foreign Exchange Risk Reserve requirement.
Posted inRBI Announcements
RBI Tightens Forex Derivative Rules for Banks
RBI has tightened forex derivative rules, banning INR contract rebooking and cutting the no-underlying threshold from USD 100 million to USD 5 million.
Posted inRBI Announcements
RBI Introduces Foreign Exchange Risk Reserve
RBI mandates a 20% Foreign Exchange Risk Reserve on INR derivative contracts above USD 2 million, effective October 10, 2026.