Reserve Bank of India

Securities / Derivatives

RBI Bans Rupee NDFs, Tightens Forex Rules to Curb Volatility

By Manesh Samtani | 02/04/2026

The central bank has prohibited non-deliverable derivatives and the rebooking of cancelled contracts to rein in speculation and stabilise the rupee.

Capital / Liquidity

RBI Extends Trade Relief Measures to Support Exporters

By Manesh Samtani | 01/04/2026

The RBI has extended key deadlines for export financing to support businesses amid ongoing geopolitical and logistical disruptions.

Capital / Liquidity

RBI Delays Capital Market Norms, Eases Bank Capital Rules

By Sanday Chongo Kabange | 31/03/2026

The deferral to 1 July follows industry pushback and is accompanied by key clarifications on acquisition finance and capital adequacy for bank exposures.

AML / KYC

RBI Releases Payments Vision 2028, Proposes Shared Fraud Liability

By Nithya Subramanian | 30/03/2026

The RBI plans to make beneficiary banks partly liable for fraud, review cross-border rules, and potentially bring major digital platforms under direct oversight.

Securities / Derivatives

RBI Mandates Global Identifiers for OTC Derivatives to Improve Transparency

By Nithya Subramanian | 30/03/2026

The RBI has consolidated rules on LEI, making them immediately mandatory for market access, with implementation of UTI to follow next year.

Fintech / Regtech

New 2FA Framework for Digital Payments Set to Take Effect in India

By Manesh Samtani | 30/03/2026

The new rules, effective 1 April 2026, shift liability for fraud to financial institutions and move away from a sole reliance on OTPs.

Capital / Liquidity

RBI to Cap Bank Forex Positions, Prompting Pushback from Banks

By Nithya Subramanian | 30/03/2026

Lenders are urging the RBI to relax a new $100 million currency position cap, warning of forced unwinding and significant mark-to-market losses

Capital / Liquidity

India's HDFC Bank Turmoil Tied to Credit Suisse AT1 Losses - Reports

By Nithya Subramanian | 25/03/2026

A mis-selling scandal involving Credit Suisse bonds has triggered a leadership crisis, executive firings, and a share price plunge at HDFC Bank.

Enforcement

RBI Fines HSBC for Lapses in Unclaimed Deposit Compliance

By Nithya Subramanian | 23/03/2026

The penalty relates to the bank's failure to maintain a searchable database and assign reference numbers for unclaimed deposits.