RBI deletes limits for non-option derivative contracts at commercial banks

SHOTS Desk · Tue · 20 Oct 2026 · 04:01 · Reported

The Reserve Bank of India on October 19, 2026 issued its Second Amendment Directions for commercial banks, removing Section C on 'Limits for Non-Option Derivative Contracts' from Chapter IV of the RBI (Commercial Banks - Miscellaneous) Directions, 2025. Paragraph 37 of those Directions stands deleted. The amendment, issued under Section 35A of the Banking Regulation Act, 1949, took effect immediately upon issuance. The RBI said it acted after a review and on being satisfied that the change was necessary and expedient in the public interest.

Read it at Reserve Bank of IndiaSHOTS Desk