Search: API

August 2026

• 7Aug

  FEMA & RBIRBI draft CVA framework: banks to compute Credit Valuation Adjustment capital charge under Basel III basic approach from 1 April 2027, with a simpler option for smaller derivative books

  CVA capital charge: draftComments invited

  RBI released draft Directions on 7 August 2026 to replace its 2011 Credit Valuation Adjustment (CVA) framework with the basic approach (BA-CVA) of the final Basel III framework. Banks could choose the full or reduced version; a bank with non-centrally cleared derivatives of up to ₹10 lakh crore notional could instead set its CVA charge at 100% of its counterparty credit risk charge. Proposed date of effect is 1 April 2027; comments closed on 28 August 2026.

• 7Aug

  FEMA & RBIRBI draft proposes to rewrite banks’ leverage ratio chapter on the Basel 2017 standard from 1 April 2027; text puts the minimum at 4% for D-SIBs and 3.5% for other banks

  Leverage ratio: draft rewriteComments invited

  RBI released a draft on 7 August 2026 to amend Chapter VII (Leverage Ratio framework) of its capital adequacy Directions for commercial banks, to align with the Basel Committee’s ‘Leverage Ratio 2017 Standard’. The draft sets out how the exposure measure is to be built from on-balance sheet, derivative, SFT and off-balance sheet exposures, and proposes 1 April 2027 as the date of effect. Comments were invited till 28 August 2026; the window has closed.

• 6Aug

  FEMA & RBIRBI names 17 NBFCs in the Upper Layer for 2026-27; PNB Housing Finance and Sammaan Capital continue under enhanced regulation

  17 NBFCs in Upper LayerNew facility

  RBI has released the 2026-27 list of NBFCs in the Upper Layer (NBFC-UL) under Scale Based Regulation, based on financials as on 31 March 2026 and on revised identification criteria. Seventeen NBFCs are named. Two more — PNB Housing Finance and Sammaan Capital — do not meet the criteria this time but stay in the Upper Layer because the enhanced requirements run for at least five years.

• 6Aug

  FEMA & RBIRBI draft for State and Central Co-operative Banks: exposure capped at 20% of Tier-I capital per borrower and 25% per group, new housing loan ceilings proposed from 1 April 2027

  20% single, 25% group capComments invited

  RBI issued two draft Directions on 6 August 2026 for Rural Co-operative Banks (State and Central Co-operative Banks). They propose exposure limits of 20% of Tier-I capital for a single counterparty and 25% for a group, a 15% cap each on real estate exposure and unsecured advances, and housing loan ceilings of ₹60 lakh to ₹3 crore by deposit size — all from 1 April 2027. Comments were due by 28 August 2026; the window has closed.

• 4Aug

  Income TaxCBDT FAQs on the Taxation and Other Laws (Amendment) Bill, 2026: electronics contract-manufacturing exemption to 2040-41, data centre conditions eased, new exemptions for rough diamonds

  Six changes to the IT Act, 2025Clarified

  CBDT’s FAQs explain six proposals of the Taxation and Other Laws (Amendment) Bill, 2026 on the Income-tax Act, 2025: a ten-year extension of the exemption for foreign companies supplying capital goods to electronics contract manufacturers, easier data centre conditions, two new exemptions, dividend relief for unit holders of business trusts and five conditions instead of thirteen for offshore funds.

• 4Aug

  Startup & MSMEECLGS 5.0: MSMEs can get additional credit up to 20% of peak working capital, with 100% guarantee cover

  ₹2.55 lakh croreRelief

  In a Rajya Sabha reply the Government set out the Emergency Credit Line Guarantee Scheme 5.0, introduced in May 2026, and SIDBI’s direct-credit growth.