MUMBAI, India, June 24 -- Reserve Bank of India issued the following notification:
RBI/2026-27/162
DOR.MRG.REC.No.148/03-10-119/2026-27
June 24, 2026
Reserve Bank of India (Standalone Primary Dealers) Second Amendment Directions, 2026
Please refer to Annex I of the FMRD Master Direction - Risk Management and Inter-Bank Dealings (Master Direction No. 1/2016-17 dated July 5, 2016) and paragraphs 92 and 93 (section E.1.4) of the Reserve Bank of India (Standalone Primary Dealers) Directions, 2025 dated November 28, 2025, which inter alia specify the methodology for computation of Net Open Position and calculation of capital charge for foreign exchange risk. Upon a review and to ensure greater alignment with international standards and cons...