Business · Markets · 10 hrs ago
RBI Asks Some Lenders to Change Accounting for Bond Forward Contracts
India’s central bank has asked some lenders to change their accounting for bond forward contracts.
The contracts are financial agreements linked to bonds.
They represent billions of dollars across the banking industry, according to people familiar with the matter.
The issue concerns how lenders value and record these contracts.
The central bank’s request could affect how those assets appear in lenders’ accounts.
The available information does not say which lenders were contacted or what changes they must make.
No further steps or timeline have been specified.
India’s central bank told some lenders to change how they account for bond forward contracts.
The contracts are assets that amount to billions of dollars across the industry.
The information came from people familiar with the matter.
The report was published on November 9, 2026.
- Who
- India’s central bank and some lenders.
- What
- The central bank told some lenders to change their accounting for bond forward contracts.
- When
- The report was published on November 9, 2026; when the central bank gave the instruction is not stated.
- Where
- India.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Institution
- India’s central bank (RBI)
- Contracts
- Bond forward contracts
- Industry value
- Billions of dollars
- Publication date
- November 9, 2026