FanzizFanziz
HomeFinanceCricketSoccerEntertainmentEsports
Menu
HomeFinanceCricketSoccerEntertainmentEsportsWWETennisHealth

Language

AllQuick ReadsFanzShots

RBI's New Rules Got Banks Reporting Offshore ₹-Fx Deals

RBI's New Rules Got Banks Reporting Offshore ₹-Fx Deals

Yo, listen up! The RBI just dropped some draft rules for AD Cat-I banks, makin' 'em report those overseas ₹-Fx deals by March 9, 2026. They gotta keep it real with related parties, like parents and siblings, but not those far-off cousins. So, banks better step up their game and flex those reporting skills, ya feel me?

Quick rundown

  1. RBI issues draft directions for AD Cat-I banks.
  2. Banks must report rupee derivatives globally.
  3. Phased implementation for reporting thresholds.
  4. Excludes exchange-traded derivatives and small contracts.
  5. Comments on draft invited until March 9, 2026.

Related articles

  • RBI Body Slams Investment Cap for FPIs, Market Gets Boost!RBI Body Slams Investment Cap for FPIs, Market Gets Boost!
  • RBI's FX Swap Auction: $25 Billion Bids, Epic Demand!RBI's FX Swap Auction: $25 Billion Bids, Epic Demand!
  • RBI Unleashes $2 Billion FX Swap: The Financial Clash!RBI Unleashes $2 Billion FX Swap: The Financial Clash!
  • RBI's Spectacular $23 Billion Liquidity Surge: A Game Changer!RBI's Spectacular $23 Billion Liquidity Surge: A Game Changer!
  • RBI ka naya *risk-based premium* model, banks ko milta discount!RBI ka naya *risk-based premium* model, banks ko milta discount!

Series

  • Indian Premier League
  • Pakistan Super League
  • New Zealand tour of Bangladesh
  • India Women tour of South Africa