# Reserve Bank of India regulatory updates

> Live situation record from CLSTR: https://clstr.news/situations/reserve-bank-of-india-regulatory-updates
> Updated: 2026-09-30T02:50:05.000Z. Sources: 19. Developments: 4.

Following the regulatory updates scheduled for October 1, 2026, the Reserve Bank of India (RBI) has introduced additional measures to stabilize the Indian Rupee and curb foreign exchange speculation as the currency faces significant downward pressure, nearing its all-time low against the US dollar.

A key intervention involves the opening of a special dollar window, set to begin on October 12, 2026. This facility will allow the RBI to sell US dollars to three state-run oil marketing companies—Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation—to meet their entire daily requirements through designated banks, effectively removing a major source of dollar demand from the regular spot market.

The RBI has also tightened rules for foreign exchange derivatives. The threshold for undertaking such transactions without establishing underlying exposure has been reduced from USD 100 million to USD 5 million. Furthermore, the central bank has prohibited the rebooking of cancelled Indian Rupee (INR) derivative contracts and implemented a 20% Foreign Exchange Risk Reserve (FERR) requirement in cash with the RBI for certain eligible contracts, specifically those with a notional value exceeding USD 2 million.

To manage liquidity, the RBI has announced that the minimum daily maintenance requirement for the Cash Reserve Ratio (CRR) will increase from 90 percent to 99 percent, effective October 16, 2026.

## Timeline

### 2026-09-30: RBI to mandate daily interest rate updates for Bulk Fixed Deposits

New RBI rules will mandate daily interest rate updates for Bulk Fixed Deposits to ensure transparency, while several small finance banks have recently adjusted rates for standard deposits.

2 sources. https://clstr.news/cluster/rbi-to-mandate-daily-interest-rate-updates-for-bulk-fixed-deposits

### 2026-09-28: India implements new banking and digital payment rules in October

India introduces major financial changes in October 2026, including new RBI rules for bulk fixed deposits, UPI merchant fees, mandatory biometric LPG authentication, and revised SBI ATM limits.

13 sources. https://clstr.news/cluster/reserve-bank-of-india-mandates-new-bulk-deposit-rate-transparency

### 2026-09-26: RBI introduces new fixed deposit and banking rules

The Reserve Bank of India is implementing new banking rules on October 1 to standardize fixed deposit interest rates across all branches and mandate daily online disclosure of rates, including bulk deposits.

2 sources. https://clstr.news/cluster/rbi-introduces-new-fixed-deposit-and-banking-rules

### 2026-09-24: Reserve Bank of India to overhaul export and import regulations

The Reserve Bank of India will implement a new foreign exchange framework for exports and imports on October 1, 2026, to simplify compliance and expand the role of Authorised Dealer banks.

2 sources. https://clstr.news/cluster/reserve-bank-of-india-to-overhaul-export-and-import-regulations

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Cite as: Reserve Bank of India regulatory updates. CLSTR, https://clstr.news/situations/reserve-bank-of-india-regulatory-updates
