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RBI has deleted paragraph 37 of the Miscellaneous Directions, 2025 for commercial banks (RBI/2026-27/294) and small finance banks (RBI/2026-27/295), removing the 0.25%-of-net-worth cap on gross PV01 of non-option rupee derivative contracts. Effective 19 October 2026.
RBI Official Notifications
19 October 2026Eff. 19 October 20268 minOn 7 October 2026, RBI amended the 2025 capital adequacy Directions for Commercial Banks, Small Finance Banks, Payments Banks and AIFIs, replacing the QCCP clearing-member risk weight provision. Commercial Banks also get revised incurred CVA loss rules.
Reserve Bank of India
7 October 202612 min
RBI’s Fourth Amendment Directions dated August 25, 2026 shorten the CRR and SLR exemption window for specified fresh FCNR(B) and NRE deposits across commercial banks, small finance banks, regional rural banks and co-operative banks.
25 August 2026Eff. 25 August 202610 min
RBI's draft Securitisation Transactions Amendment Directions, 2026 amend the 2025 Directions for Commercial Banks, Small Finance Banks, NBFCs and All India FIs, mandating dematerialised securitisation notes with a Rs.1 crore minimum ticket size. Comments due August 27, 2026.
RBI issues Draft (Securitisation Transactions) Amendment Directions
28 July 2026Eff. 1 October 202613 min