MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following notification:
RBI/2026-27/291
A.P. (DIR Series) Circular No. 25
October 10, 2026
To,
All Authorised Dealers
Madam/Sir,
Risk Management and Inter-Bank Dealings
Attention of Authorised Dealers is invited to the Master Direction - Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time.
2. In view of evolving market conditions, it has been decided as under:
Cancellation and rebooking / rollovers of foreign exchange derivative contracts
(a) An Authorised Dealer shall not permit users to rebook any foreign exchange derivative contract involving the INR, whether deliverable or non-deliverable, which has been cancelled with any of the ...