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of <h1>RBI Releases Draft Credit Derivatives Directions 2021; Seeks Feedback on Revised Credit Default Swaps Guidelines by March 15.</h1> The Reserve Bank of India (RBI) has issued the Draft Reserve Bank of India (Credit Derivatives) Directions, 2021, following a review of Credit Default Swaps (CDS) Guidelines announced in December 2020. The RBI is seeking feedback from banks, market participants, and other stakeholders by March 15, 2021. Comments can be sent to the Chief General Manager of the RBI's Financial Markets Regulation Department in Mumbai or via email.
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