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RBI brings offshore rupee derivatives under tighter rules with new reporting from banks
Economy
Published on 28 April 2026
Dealers must report both deliverable and non deliverable trades
The Reserve Bank of India will extend oversight to offshore rupee derivative activity by requiring authorized dealers to report over the counter FX contracts, including deliverable and non deliverable types. The change is meant to improve price discovery and reduce volatility. Implementation will be phased, starting July 2027, giving banks time to adjust their reporting systems.
- RBI will regulate offshore rupee derivatives through new FX reporting rules
- Authorized dealers must report OTC contracts both deliverable and non deliverable
- The goal is better price discovery and lower market volatility
- Phased rollout starts July 2027
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times