RBI to Implement Unique Transaction Identifier for All OTC Derivative Transactions from April 1, 2026

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

The Reserve Bank of India (RBI) has proposed mandatory implementation of a Unique Transaction Identifier (UTI) for every Over-the-Counter (OTC) derivative transaction in India. The draft circular outlining these rules was released recently, with enforcement set to begin from April 1, 2026.