https://www.taxtmi.com/news?id=72048 RBI capped the Net Open Position in Indian rupees for banks at USD 100 million, with compliance required by April 10, 2026. The measure requires banks to reduce currency exposure and align positions with the prescribed limit, reflecting regulatory control over foreign exchange exposure and risk management in bank dealings. en-us Wed, 01 Apr 2026 10:16:03 +0530 Wed, 01 Apr 2026 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72048 RBI capped the Net Open Position in Indian rupees for banks at USD 100 million, with compliance required by April 10, 2026. The measure requires banks to reduce currency exposure and align positions with the prescribed limit, reflecting regulatory control over foreign exchange exposure and risk management in bank dealings. News - Wed, 01 Apr 2026 10:16:03 +0530 https://www.taxtmi.com/news?id=72048