Special Dollar Window for Public Sector Oil Marketing Companies · 2026-2027/1306
RBI press-release 2026-2027/1306 · 10 Oct 2026
Official title
RBI announces special window for Public Sector Oil Marketing Companies to meet dollar requirements
RBI press-release 2026-2027/1306 · 10 Oct 2026
Official title
RBI announces special window for Public Sector Oil Marketing Companies to meet dollar requirements
Summary
Check the official recordThe Reserve Bank of India opens a special window for three public sector oil marketing companies to meet their daily dollar requirements. This facility applies to Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Bharat Petroleum Corporation Limited. The Reserve Bank sells USD to these companies through designated banks. The facility starts on October 12, 2026. It remains in place until the Reserve Bank provides further notice.
What you must do
Key dates
Who is affected
October 10, 2026
RBI announces special window for Public Sector Oil Marketing Companies to meet dollar requirements
On the basis of assessment of current market conditions, Reserve Bank of India has decided to open a special window to meet the entire daily dollar requirements of three public sector oil marketing companies (OMCs), viz. Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited and Bharat Petroleum Corporation Limited. Under the facility, the Reserve Bank will undertake sale of USD to the public sector OMCs through designated bank/s. The facility will come in effect from October 12, 2026 (Monday) and will remain in place until further notice.
(Brij Raj)
Press Release: 2026-2027/1306 Chief General Manager
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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