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EconomyIndia's central bank tightens rules on rupee non-deliverable contracts

The Reserve Bank of India tightened rules on rupee non-deliverable derivative contracts on Monday, restricting overseas clients to hedging use and extending a 20% cash reserve requirement to banks' own rupee currency hedges.

Reserve Bank of Indiarupeederivativesbank regulation

RReuters★★★☆☆2026-10-12 22:05Original

India's central bank tightens rules on rupee non-deliverable contracts
India's central bank tightens rules on rupee non-deliverable contractsEconomy