MUMBAI, India, June 24 -- Reserve Bank of India issued the following press release:
The Reserve Bank of India had issued draft Amendment Directions on 'Net Open Position - Revised Instructions' on January 14, 2026, seeking inputs from Regulated Entities (REs) and other stakeholders till February 3, 2026. The draft Amendment Directions proposed to modify the instructions related to Net Open Position (NOP) and capital charge for forex risk. The proposed revisions include, inter alia, (i) doing away with the separate calculation of offshore / onshore NOP (wherever applicable); (ii) inclusion of accumulated surplus of overseas operations in NOP (wherever applicable); (iii) maintenance of forex risk capital charge on the actual NOP; (iv) modify...