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    <title>RBI releases Draft Rupee Interest Rate Derivatives (Reserve Bank) Directions, 2020 under Section 45 W of the RBI Act, 1934</title>
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    <description>The Reserve Bank has published the Draft Rupee Interest Rate Derivatives (Reserve Bank) Directions, 2020 under Section 45W of the RBI Act, 1934, proposing a regulatory framework for rupee interest rate derivatives and clarifying the Reserve Bank&#039;s supervisory scope. The publication institutes a public consultation: banks, market participants and other interested parties are invited to submit written comments to the Financial Markets Regulation Department by the stated deadline, using the prescribed contact channels and email subject line.</description>
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