https://www.taxtmi.com/news?id=46736 The draft Master Direction governs OTC and exchange traded Rupee Interest Rate Derivatives, specifying eligible participants, market maker involvement, product eligibility by retail/non retail classification, permitted cross border and back to back arrangements, an aggregate PVBP cap of INR 1,000 crore for non hedging non resident positions, and comprehensive Trade Repository reporting requirements for onshore and offshore related party IRD transactions, with market maker responsibility for accuracy, reconciliation and compliance. en-us Mon, 16 Jun 2025 18:17:06 +0530 Wed, 11 Feb 2026 16:00:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46736 The draft Master Direction governs OTC and exchange traded Rupee Interest Rate Derivatives, specifying eligible participants, market maker involvement, product eligibility by retail/non retail classification, permitted cross border and back to back arrangements, an aggregate PVBP cap of INR 1,000 crore for non hedging non resident positions, and comprehensive Trade Repository reporting requirements for onshore and offshore related party IRD transactions, with market maker responsibility for accuracy, reconciliation and compliance. News - Mon, 16 Jun 2025 18:17:06 +0530 https://www.taxtmi.com/news?id=46736