The RBI has released draft Master Direction on money markets, inviting comments from stakeholders by July 17, 2026.
RBI Releases Draft Directions for Money Markets
In line with its ongoing commitment to regulatory development, the Reserve Bank of India has announced the draft Master Direction for Call, Notice, and Term Money Markets. This release is part of the measures outlined in the Statement on Developmental and Regulatory Policies dated April 08, 2026.
The RBI has invited feedback from banks, market participants, and other interested stakeholders until July 17, 2026. The objective is to refine the regulatory framework governing money market operations, which are crucial for short-term liquidity management.
Seeking input from the market is essential for ensuring that the directions align with market practices and participant needs. This collaborative approach aims to enhance market infrastructure and stability.
Legal advisors and market participants should engage in discussions around these draft directions, as they will have significant implications for compliance, operational guidelines, and the evolving landscape of Indian money markets.
