The Reserve Bank of India (RBI) on January 01, 2025, issued a notification regarding an update in the Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2022.
The following has been stated: -
•The RBI has finalized the "Master Direction – RBI (Credit Derivatives) Directions, 2022," following the review of feedback on the draft released in February 2021. This follows the announcement made in the Bi-monthly Monetary Policy Statement for 2021-22, dated February 10, 2022.
•The updated guidelines govern Credit Default Swaps (CDS) in India. The final version of the directions is available in the document below.
[Notification No.RBI/2021-22/88 FMRD.DIRD.10/14.03.004/2021-22]
