Reserve Bank of India (Commercial Banks - Miscellaneous) Second Amendment Directions, 2026 · RBI/2026-27/294
RBI notification RBI/2026-27/294 · 19 Oct 2026
RBI notification RBI/2026-27/294 · 19 Oct 2026
Summary
Check the official recordThe Reserve Bank of India deletes the limits for non-option derivative contracts for commercial banks. This amendment removes Section C of Chapter IV from the Reserve Bank of India (Commercial Banks - Miscellaneous) Directions, 2025. The change applies to all commercial banks. The amendment takes effect immediately.
What you must do
Key dates
Who is affected
RBI/2026-27/294 DOR.MRG.REC.No.248/00-00-020/2026-27
October 19, 2026
Reserve Bank of India (Commercial Banks - Miscellaneous) Second Amendment Directions, 2026
Please refer to Section C on ‘Limits for Non-Option Derivative Contracts’ of Chapter IV of the Reserve Bank of India (Commercial Banks - Miscellaneous) Directions, 2025.
On a review, and in exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949, and all other provisions / laws enabling the Reserve Bank of India (RBI) to issue instructions in this regard, the RBI being satisfied that it is necessary and expedient in the public interest so to do, hereby, issues the Amendment Directions hereinafter specified.
(i) These instructions shall be called the Reserve Bank of India (Commercial Banks - Miscellaneous) Second Amendment Directions, 2026.
(Sunil T S Nair) Chief General Manager