Master Directions

Master Directions - Financial Markets - RBI - Reserve Bank of India

IST,

Choose Language

Language Selector

RbiSearchHeader

! errorSearch

Type of Document:

Careers
Citizen’s Charter
Data Releases
Discussion Paper
Draft Notifications
DRG Studies Series
External Research Schemes
FAQs
Financial Education
Forms
Index to rbi circular
KLEMS
Master Circulars
Master Directions
Media Interactions
Memorial Lectures
Notifications
NSDP
Press releases
Public Debt Statistics
Publication
RBI Bulletin
RBI Clarifications
Reports
RTI
SDDS
Speeches
State Statistics & Finance
Survey
Survey Report
Tenders
Tenders Awarded
Timeline for Regulatory approvals
Withdrawn Circulars
Working Papers

Function:

Banker to Governments and Banks
Consumer Education & Protection
Currency Management
Debt Management
Enforcement
External Investments and Operations
Financial Inclusion and Development
Financial Markets
Financial Stability Analysis
Fintech
Foreign Exchange Management
International Relations
Monetary Policy
Others
Payment and Settlement Systems
Regulation Co-operative Banking
Regulation Commercial Banking
Regulation Non-Banking
Research and Data

Department:

Central Vigilance Cell
Consumer Education and Protection Department
Corporate Strategy and Budget Department
Department of Communication
Department of Currency Management
Department of Economic and Policy Research
Department of External Investments and Operations
Department of Government and Bank Accounts
Department of Information Technology
Department of Payment and Settlement Systems
Department of Regulation (Co-operative Banking)
Department of Regulation (Commercial Banking)
Department of Regulation (Non-Banking)
Department of Statistics and Information Management
Department of Supervision
Department of Supervision (Co-operative Banking)
Department of Supervision (Commercial Banking)
Department of Supervision (Non-Banking)
Enforcement Department
Financial Inclusion and Development Department
Financial Markets Operation Department
Financial Markets Regulation Department
Financial Stability Unit
FinTech Department
Foreign Exchange Department
Human Resource Management Department
Inspection Department
Internal Debt Management Department
International Department
Legal Department
Monetary Policy Department
Others
Premises Department
Rajbhasha Department
Risk Monitoring Department
Secretary's Department

Search by Keyword:

Year & Month

Year:

! Please Select Year

Month:

! Please Select Month

Custom Range

From Date:

! Please Select From Date

To Date:

! Please Select To Date

Format:

Content Pages
All Files
PDF
Excel
Word
PPT
Video
Audio
ZIP

SHOW MORE SHOW LESS

Show only pages containing videos

Past Searches

Useful Links

Languages
Languages
Languages
- English
  English
- हिंदी
  हिंदी
- বাংলা
  বাংলা
- العربية
  العربية
- অসমীয়া
  অসমীয়া
- ગુજરાતી
  ગુજરાતી
- ಕನ್ನಡ
  ಕನ್ನಡ
- മലയാളം
  മലയാളം
- मराठी
  मराठी
- ଓଡ଼ିଆ
  ଓଡ଼ିଆ
- ਪੰਜਾਬੀ
  ਪੰਜਾਬੀ
- தமிழ்
  தமிழ்
- తెలుగు
  తెలుగు
About Us
About Us
About Us
- About Us
  About Us
- Organisation and Functions
  Organisation and Functions
  
  Organisation Structure
  
  Departments
  
  Offices
  
  Training Establishments
  
  Museums
  
  Subsidiaries
- Communication Policy
  Communication Policy
- History
  History
  
  Our History
  
  Milestones
  
  By Chronology
  
  By Topics
  
  Anecdotes
- Legal Framework
  Legal Framework
  
  Act
  
  Rules
  
  Regulations
  
  Schemes
Functions
Functions

Learn more about the various functions within The Reserve Bank of India
Functions
- Monetary Policy
  Monetary Policy
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  Media Interactions
  
  Policy Documents
  
  Other Links
  
  Quick Links
  
  Resolution of the MPC June 4 to 6, 2025
  
  Monetary Policy Statement, 2025-26
  
  Resolution of the MPC April 7 to 9, 2025
  
  Monetary Policy Statement, 2025-26
  
  Resolution of MPC, February 5 to 7, 2025
  
  Monetary Policy Statement, 2024-25
- Banker to Governments and Banks
  Banker to Governments and Banks
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
- Consumer Education and Protection
  Consumer Education and Protection
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
- Currency Management
  Currency Management
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  Currency Data
  
  FAQs
  
  History / Records
  
  Other Links
- Debt Management
  Debt Management
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
- Enforcement
  Enforcement
  
  Overview
  
  Press Releases
- External Investments and Operations
  External Investments and Operations
  
  Overview
  
  Press Releases
  
  Other Links
- Financial Inclusion and Development
  Financial Inclusion and Development
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
- Financial Markets
  Financial Markets
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
- Financial Stability Analysis
  Financial Stability Analysis
  
  Overview
  
  Press Releases
  
  Speeches
  
  Other Links
- FinTech
  FinTech
  
  Overview
  
  Press Releases
  
  Speeches
  
  HaRBInger
  
  Other Links
- Foreign Exchange Management
  Foreign Exchange Management
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
- International Relations
  International Relations
  
  Overview
  
  Press Releases
  
  Speeches
  
  Reports and Publications
- Payment and Settlement Systems
  Payment and Settlement Systems
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  Payments Data
  
  FAQs
  
  History / Records
  
  Other Links
- Regulation
  Regulation
  
  Commercial Banking
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Sustainable Finance
  
  Other Links
  
  Co-operative Banking
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
  
  Non-Banking
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
  
  DEA Funds
  
  List of Documents
  
  List of Entities
  
  Handbook on Regulations at a Glance
- Research and Data
  Research and Data
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
Press Releases
Notifications
Notifications
Notifications
- Notifications
  Notifications
- Master Directions
  Master Directions
- Master Circulars
  Master Circulars
- Draft Notifications
  Draft Notifications
- Withdrawn Circulars
  Withdrawn Circulars
- Index to RBI Circulars
  Index to RBI Circulars
- List of withdrawn circulars
  List of withdrawn circulars
Speeches & Media Interactions
Speeches & Media Interactions
Speeches & Media Interactions
- Speeches
  Speeches
- Media Interactions
  Media Interactions
- Memorial Lectures
  Memorial Lectures
Research & Publications
Research & Publications
Research & Publications
- Publications by Frequency
  Publications by Frequency
- Reports
  Reports
- Research
  Research
  
  External Research Schemes
  
  DRG Studies
  
  KLEMS
- RBI Bulletin
  RBI Bulletin
- Working Papers
  Working Papers
- Availability of Publications
  Availability of Publications
Statistics
Statistics
Statistics
- Surveys
  Surveys
- Data Releases
  Data Releases
- Database on India Economy
  Database on India Economy
- Public Debt Statistics
  Public Debt Statistics
- NSDP
  NSDP
  
  NSDP
  
  Financial Sector
  
  External Sector
  
  General Government Operations
- SDDS
  SDDS
  
  SDDS
  
  Financial Sector
  
  External Sector
  
  General Government Operations
- State Statistics and Finance
  State Statistics and Finance

Languages
Languages
Languages
- English
  English
- हिंदी
  हिंदी
- বাংলা
  বাংলা
- العربية
  العربية
- অসমীয়া
  অসমীয়া
- ગુજરાતી
  ગુજરાતી
- ಕನ್ನಡ
  ಕನ್ನಡ
- മലയാളം
  മലയാളം
- मराठी
  मराठी
- ଓଡ଼ିଆ
  ଓଡ଼ିଆ
- ਪੰਜਾਬੀ
  ਪੰਜਾਬੀ
- தமிழ்
  தமிழ்
- తెలుగు
  తెలుగు
About Us
About Us
About Us
- About Us
  About Us
- Organisation and Functions
  Organisation and Functions
  
  Organisation Structure
  
  Departments
  
  Offices
  
  Training Establishments
  
  Museums
  
  Subsidiaries
- Communication Policy
  Communication Policy
- History
  History
  
  Our History
  
  Milestones
  
  By Chronology
  
  By Topics
  
  Anecdotes
- Legal Framework
  Legal Framework
  
  Act
  
  Rules
  
  Regulations
  
  Schemes
Functions
Functions

Learn more about the various functions within The Reserve Bank of India
Functions
- Monetary Policy
  Monetary Policy
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  Media Interactions
  
  Policy Documents
  
  Other Links
  
  Quick Links
  
  Resolution of the MPC June 4 to 6, 2025
  
  Monetary Policy Statement, 2025-26
  
  Resolution of the MPC April 7 to 9, 2025
  
  Monetary Policy Statement, 2025-26
  
  Resolution of MPC, February 5 to 7, 2025
  
  Monetary Policy Statement, 2024-25
- Banker to Governments and Banks
  Banker to Governments and Banks
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
- Consumer Education and Protection
  Consumer Education and Protection
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
- Currency Management
  Currency Management
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  Currency Data
  
  FAQs
  
  History / Records
  
  Other Links
- Debt Management
  Debt Management
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
- Enforcement
  Enforcement
  
  Overview
  
  Press Releases
- External Investments and Operations
  External Investments and Operations
  
  Overview
  
  Press Releases
  
  Other Links
- Financial Inclusion and Development
  Financial Inclusion and Development
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
- Financial Markets
  Financial Markets
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
- Financial Stability Analysis
  Financial Stability Analysis
  
  Overview
  
  Press Releases
  
  Speeches
  
  Other Links
- FinTech
  FinTech
  
  Overview
  
  Press Releases
  
  Speeches
  
  HaRBInger
  
  Other Links
- Foreign Exchange Management
  Foreign Exchange Management
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
- International Relations
  International Relations
  
  Overview
  
  Press Releases
  
  Speeches
  
  Reports and Publications
- Payment and Settlement Systems
  Payment and Settlement Systems
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  Payments Data
  
  FAQs
  
  History / Records
  
  Other Links
- Regulation
  Regulation
  
  Commercial Banking
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Sustainable Finance
  
  Other Links
  
  Co-operative Banking
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
  
  Non-Banking
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  History / Records
  
  Other Links
  
  DEA Funds
  
  List of Documents
  
  List of Entities
  
  Handbook on Regulations at a Glance
- Research and Data
  Research and Data
  
  Overview
  
  Notifications
  
  Press Releases
  
  Speeches
  
  FAQs
  
  Other Links
Press Releases
Notifications
Notifications
Notifications
- Notifications
  Notifications
- Master Directions
  Master Directions
- Master Circulars
  Master Circulars
- Draft Notifications
  Draft Notifications
- Withdrawn Circulars
  Withdrawn Circulars
- Index to RBI Circulars
  Index to RBI Circulars
- List of withdrawn circulars
  List of withdrawn circulars
Speeches & Media Interactions
Speeches & Media Interactions
Speeches & Media Interactions
- Speeches
  Speeches
- Media Interactions
  Media Interactions
- Memorial Lectures
  Memorial Lectures
Research & Publications
Research & Publications
Research & Publications
- Publications by Frequency
  Publications by Frequency
- Reports
  Reports
- Research
  Research
  
  External Research Schemes
  
  DRG Studies
  
  KLEMS
- RBI Bulletin
  RBI Bulletin
- Working Papers
  Working Papers
- Availability of Publications
  Availability of Publications
Statistics
Statistics
Statistics
- Surveys
  Surveys
- Data Releases
  Data Releases
- Database on India Economy
  Database on India Economy
- Public Debt Statistics
  Public Debt Statistics
- NSDP
  NSDP
  
  NSDP
  
  Financial Sector
  
  External Sector
  
  General Government Operations
- SDDS
  SDDS
  
  SDDS
  
  Financial Sector
  
  External Sector
  
  General Government Operations
- State Statistics and Finance
  State Statistics and Finance

Finanancial_Markets_Marquee

RbiAnnouncementWeb

Financial Markets Master Directions Banner

Home
Functions | Financial Markets
Notifications
Master Directions

Financial Markets

Notifications
Master Directions
Master Circulars
Draft Notifications
Withdrawn Circulars
Index to RBI Circulars

RBINotificationSearchFilter

! errorSearch

Refine search

Year & Month

Year:

! Please Select Year

Month:

! Please Select Month

Custom Range

From Date:

! Please Select From Date

To Date:

! Please Select To Date

Functions:

Banker to Governments and Banks
Consumer Education & Protection
Currency Management
Debt Management
Enforcement
External Investments and Operations
Financial Inclusion and Development
Financial Markets
Financial Stability Analysis
Fintech
Foreign Exchange Management
International Relations
Monetary Policy
Others
Payment and Settlement Systems
Regulation Co-operative Banking
Regulation Commercial Banking
Regulation Non-Banking
Research and Data

Topics:

Financial market infrastructure
Foreign exchange market
Interest rate and credit derivatives
Money market
Non-resident investment in debt

Sub Topics:

Electronic Trading Platform (ETF)
Financial Benchmark Administrator
Legal Entity Identifier (LEI)
Commodity Price Risk and Freight Risk
Foreign exchange derivatives
Inter Bank foreign exchange dealings
Credit Default Swap (CDS)
Interest rate swap (IRS)
Margin
Call
Commercial Paper (CP)
Repurchase (Repo)
Fully Accessible Route (FAR)
Medium Term Framework (MTF)
Voluntary Retention Route (VRR)

Show More Show Less

Search Results

Jun 16, 2025

Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2025

RBI/FMRD/2025-26/137 FMRD.MIOD.No. 02/14.03.027/2025-26 June 16, 2025 To All operators of Electronic Trading Platforms Madam/Sir, Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2025

Master Direction – Reserve Bank of India (Electronic Trading Platforms) Directions, 2025