<h1>RBI Releases Draft Rupee Interest Rate Derivatives Directions 2019 for Feedback u/s 45W of RBI Act.</h1> The Reserve Bank of India (RBI) has issued the Draft Rupee Interest Rate Derivatives Directions, 2019, under section 45 W of the RBI Act, 1934, inviting feedback from banks, market participants, and other stakeholders by April 26, 2019. This initiative follows RBI's February 7, 2019 announcement to simplify and rationalize regulations for interest rate derivatives, aiming to enhance consistency and accessibility. The draft directions are part of efforts to foster a robust environment for managing interest rate risk in the Indian economy. Feedback can be submitted to the Chief General Manager of RBI's Financial Markets Regulation Department.