RBI press-release 2026-2027/1272 · 07 Oct 2026
Official title
RBI issues Amendment Directions on 'Standardised Approach for Counterparty Credit Risk (SA-CCR)’
Summary
Check the official recordThe Reserve Bank of India issues Amendment Directions on the Standardised Approach for Counterparty Credit Risk for commercial banks. These directions modify capital charge instructions for counterparty credit risk. The scope includes banking and trading book exposures. The directions provide guidance for multiple margin agreements and netting sets. They specify treatment for clearing member transactions in equity and commodity derivatives. The instructions define the treatment for option premium deferment and effective notional computation for options. Banks must also use new disclosure templates for the Standardised Approach for Counterparty Credit Risk. These instructions apply to all commercial banks. The requirements take effect on April 1, 2027.
What you must do
Key dates
Who is affected
October 07, 2026
RBI issues Amendment Directions on 'Standardised Approach for Counterparty Credit Risk (SA-CCR)’
The Reserve Bank of India had issued draft Amendment Directions on the ‘Standardised Approach for Counterparty Credit Risk (SA-CCR)’ on June 10, 2026, inviting feedback from stakeholders until July 1, 2026. The draft Amendment Directions proposed modifications to the instructions on capital charge for counterparty credit risk as provided in Master Direction on Forthcoming Instructions for commercial banks. Key revisions included: (i) clarifying the scope of CCR for both banking and trading book exposures, (ii) addressing treatment of multiple margin agreements and multiple netting sets in light of recent legal / regulatory developments, (iii) providing guidance for transactions where a bank acts as a clearing member of SEBI-recognised stock exchanges in the equity derivatives and commodity derivatives segments, (iv) specifying the treatment for deferment of option premium, (v) offering guidance on computing effective notional for options, and (vi) including disclosure templates for SA-CCR.
Feedback received on the draft instructions has been examined and consequent modifications have been suitably incorporated in the final Amendment Directions. Statement on the feedback received on the draft instructions is provided in the Annex.
Accordingly, the Reserve Bank has today released the Reserve Bank of India (Commercial Banks – Forthcoming Instructions) Amendment Directions, 2026.
These instructions will come into effect from April 1, 2027.
(Brij Raj)
Chief General Manager
Press Release: 2026-2027/1272
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भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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