MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release:
Reserve Bank of India today placed on its website the following draft Amendment Directions which modify the extant instructions on Investment Fluctuation Reserve (IFR) for various categories of banks:
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Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026;
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Reserve Bank of India (Small Finance Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026;
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Reserve Bank of India (Payments Banks - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026;
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Reserve Bank of India (Local Area B...