The Reserve Bank of India (RBI) has amended its miscellaneous directions for small finance banks to delete the section on limits for non-option derivative contracts, with immediate effect. The amendment removes Section C of Chapter IV, comprising paragraph 37, from the Reserve Bank of India (Small Finance Banks - Miscellaneous) Directions, 2025. The notice does not specify the limits previously contained in that section or set out replacement provisions.
Reserve Bank of India deletes section on non-option derivative contract limits for small finance banks
The Reserve Bank of India has deleted the section on limits for non-option derivative contracts from its 2025 miscellaneous directions for small finance banks. The deletion takes effect immediately.