RBI

Reserve Bank of India (All India Financial Institutions - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

Source: Reserve Bank of IndiaCategory: Digital LendingPublished: 22 September 2026

Summary

RBI/2026-27/268 DOR.MRG.REC.No.232/00-00-017/2026-27 September 22, 2026 Reserve Bank of India (All India Financial Institutions - Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026 Please refer to Chapter – VI of Reserve Bank of India (All India Financial Institutions - Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025, dated November 28, 2025 , on market value of investments. In order to ensure clarity and uniform practices in the valuation of units of Infrastructure Investment Trust (InvIT) and Real Estate Investment Trusts (REIT), there is a need to amend the extant instructions. 2. Accordingly, in exercise of the powers conferred by Section 45L of the Reserve Bank of India Act, 1934 (hereinafter called the Act) and all other laws enabling the Reserve Bank in this regard, the Reserve Bank, being satisfied that it is necessary and expedient in the public interest so to do, hereby, issues the Amendment Directions hereinafter specified. 3. (i) These Directions shall be called the Reserve Bank of India (All India Financial Institutions – Classification, Valuation, and Operation of Investment Portf

RBI

Official Source

This resource references the original publication provided by the source listed above.

Read Official Source →

RBI

Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026

RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 23(R)/(1)/2026-RB September 22, 2026 Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026 In exercise of the powers conferred by Section 7, Section 8, sub-section (6) of Section 10 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 [Notification No. FEMA 23(R)/2026-RB dated January 13, 2026] (hereinafter referred to as 'the principal regulations'), namely: 1. Short title and commencement - (1) These regulations may be called the Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026. (2) They shall come into force from October 01, 2026. 2. Amendment to regulation 5 - In the principal regulations, in regulation 5, in sub-regulation (1) - (a) in clauses (a) and (b), for the words ‘fifteen months’, the words ‘nine months’ shall be substituted; (b) in the first proviso, for the wor

RBI

Designation of terrorist organisation under clause (a) of sub-section (1) of section 35 of the Unlawful Activities (Prevention) Act, 1967 and listed in the First Schedule of the Act

RBI/2026-2027/270 DOR.AML.REC.233/14.06.001/2026-27 September 24, 2026 The Chairpersons/ CEOs of the Commercial Banks, Small Finance Banks, Payment Banks, Urban Co-operative Banks, Rural Co-operative Banks, Regional Rural Banks, Local Area Banks, Non-Banking Financial Companies, Asset Reconstruction Companies, All India Financial Institutions Madam/Dear Sir, Designation of terrorist organisation under clause (a) of sub-section (1) of section 35 of the Unlawful Activities (Prevention) Act, 1967 and listed in the First Schedule of the Act In terms of Chapter IX on “Requirements/obligations under International Agreements - Communications from International Agencies” of the Reserve Bank of India - Know Your Customer, Directions, 2025 dated November 28, 2025 (amended as on September 18, 2026) (“Directions”), as applicable, regulated entities shall strictly follow the procedure laid down in the UAPA Order dated February 2, 2021 (Annex I of these Directions), and ensure the meticulous compliance with the Order issued by the Government. Further, regulated entities shall report the details of accounts resembling any of the individuals / entities in the lists to FIU-I

RBI

Exim Bank’s GOI-supported Line of Credit (LOC) for ₹ 4,850 crores the Government of Maldives, for financing various developmental projects in Maldives

RBI/2026-2027/269 A.P. (DIR Series) Circular No. 22 September 23, 2026 All Category – I Authorised Dealer Banks Madam/Sir Exim Bank’s GOI-supported Line of Credit (LOC) for ₹ 4,850 crores the Government of Maldives, for financing various developmental projects in Maldives Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 25, 2025, with the Government of the Republic of Maldives, for making available to the latter, Government of India supported Line of Credit (LoC) of ₹ 4,850 crores (Rupees Four Thousand Eight Hundred and Fifty crores only) for financing various developmental projects in Maldives. The export of eligible goods and services from India, as defined under the agreement, would be allowed, subject to their eligibility under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement. Under this Agreement, goods, works and services of the value of at least 75% of the contract price (as may be applicable) shall be supplied by the Seller from India, and the remaining 25% of goods and services may be procured by the Seller for the purpose of the

RBI

Novation of OTC Derivative Contracts

RBI/2026-27/263 FMRD.DIRD.No.04/14.03.066/2026-27 September 22, 2026 To All Eligible Market Participants Madam / Sir, Novation of OTC Derivative Contracts Please refer to the draft Reserve Bank of India (Novation of OTC Derivative Contracts) Directions, 2025, issued vide press release dated July 09, 2025 . 2. Based on the feedback received, the instructions related to the OTC derivative contracts have been finalised. Statement on the major feedback received is provided in the Annex . 3. With a view to consolidate circulars/instructions, the instructions have been inserted in the respective Directions governing OTC foreign exchange, interest rate, government securities and credit derivative contracts, as follows, and are being issued today. Master Direction – Risk Management and Inter-Bank Dealings dated July 05, 2016 , as amended from time to time. Master Direction – Reserve Bank of India (Rupee Interest Rate Derivatives) Directions, 2025 dated December 08, 2025 , as amended from time to time. Reserve Bank of India (Forward Contracts in Government Securities) Directions, 2025 dated February 21, 2025 , as amended from time to time. Master Direction – Reserve Bank o

RBI

Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Third Amendment Directions, 2026

RBI/2026-27/264 DOR.MRG.REC.No.228/00-00-001/2026-27 September 22, 2026 Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Third Amendment Directions, 2026 Please refer to Chapter – IX of Reserve Bank of India (Commercial Banks - Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025, dated November 28, 2025 , on fair valuation of investments. In order to ensure clarity and uniform practices in the valuation of units of Infrastructure Investment Trust (InvIT) and Real Estate Investment Trusts (REIT), there is a need to amend the extant instructions. 2. Accordingly, in exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 (hereinafter called the Act) and all other laws enabling the Reserve Bank in this regard, the Reserve Bank, being satisfied that it is necessary and expedient in the public interest so to do, hereby, issues the Amendment Directions hereinafter specified. 3. (i) These Directions shall be called the Reserve Bank of India (Commercial Banks – Classification, Valuation, and Operation of Investment Portfolio) Third Amendment Directions, 2026. (ii

RBI

Reserve Bank of India (Local Area Banks - Classification, Valuation, and Operation of Investment Portfolio) Second Amendment Directions, 2026

RBI/2026-27/265 DOR.MRG.REC.No.229/00-00-001/2026-27 September 22, 2026 Reserve Bank of India (Local Area Banks - Classification, Valuation, and Operation of Investment Portfolio) Second Amendment Directions, 2026 Please refer to Chapter – IX of Reserve Bank of India (Local Area Banks - Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025, dated November 28, 2025 , on fair valuation of investments. In order to ensure clarity and uniform practices in the valuation of units of Infrastructure Investment Trust (InvIT) and Real Estate Investment Trusts (REIT), there is a need to amend the extant instructions. 2. Accordingly, in exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 (hereinafter called the Act) and all other laws enabling the Reserve Bank in this regard, the Reserve Bank, being satisfied that it is necessary and expedient in the public interest so to do, hereby, issues the Amendment Directions hereinafter specified. 3. (i) These Directions shall be called the Reserve Bank of India (Local Area Banks – Classification, Valuation, and Operation of Investment Portfolio) Second Amendment Directions, 2026. (