RBI issued a notification on Large Exposures Framework – Deferment of applicability of limits on non-centrally cleared derivatives exposures dated 23.3.2021.

March 23, 2021

All Scheduled Commercial Banks
(Excluding Small Finance Banks, Payments Banks
Local Area Banks and Regional Rural Banks)

Dear Sir/Madam,

Large Exposures Framework – Deferment of applicability of limits on non-centrally cleared derivatives exposures

1. 1. Please refer to circular No.DOR.No.BP.BC.43/21.01.003/2019-20 dated March 23, 2020 on Large Exposures Framework (LEF).

2. 2. On a review it has been decided that non-centrally cleared derivatives exposures will continue to be outside the purview of exposure limits till September 30, 2021

Yours faithfully,

(Manoranjan Mishra)
Chief General Manager

For full detail click below :

https://www.dropbox.com/s/y1o8dmk1boq7cc8/Non-centrally%20cleared%20derivatives%20exposures%2CRBI.PDF?dl=0