MUMBAI, India, March 27 -- Reserve Bank of India issued the following notification:

RBI/FMRD/2025-26/392

FMRD.MIOD.No.9/11.01.057/2025-26

March 27, 2026

To

All eligible market participants

Madam/Sir,

Master Direction - Reserve Bank of India (Unique Identifiers in Financial Markets) Directions, 2026

Identifiers such as the Legal Entity Identifier (LEI) and Unique Transaction Identifier (UTI) are key global standards for promoting transparency in the financial markets.

2. The Reserve Bank has mandated the implementation of LEI and UTI for transactions in financial markets regulated by it. The directions for the implementation of these unique identifiers have been issued through various circulars, as set out in Annex. The directions ...