MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release:
In pursuance of the announcement made in the Union Budget for FY 2026-27 and as stated in the Statement on Developmental and Regulatory Policies dated February 06, 2026, to enable the introduction of derivatives on credit indices and total return swaps on corporate bonds, the Reserve Bank of India had issued Draft Directions on February 6, 2026, seeking feedback from market participants, stakeholders and other interested parties.
2. The feedback received on the draft directions has been examined and consequent modifications have been suitably incorporated in the final Master Directions. Statement on the major feedback received is provided in the Annex. The final Master Direction has been issued today.
(Brij Raj)
Chief General Manager
Press Release: 2026-2027/550
Disclaimer: Curated by HT Syndication.
