The Reserve Bank of India (RBI) on November 11, 2025, notified the Master Direction – Reserve Bank of India (Repurchase Transactions (Repo)) Directions, 2025
The following has been stated: -
•The Reserve Bank of India has issued the Master Direction – RBI (Repurchase Transactions (Repo)) Directions, 2025, updating the 2018 Directions.
•The Central Government has notified Municipal Debt Securities as eligible securities for repo and reverse repo transactions under Section 45U(e) of the RBI Act, 1934.
•These updated Directions aim to regulate repo transactions in the public interest across stock exchanges, electronic trading platforms, and OTC markets.
•They take immediate effect, excluding repos under the Liquidity Adjustment Facility and Marginal Standing Facility.
The detailed notification is given in the document below.
[Notification No.: RBI/FMRD/2025-26/142 FMRD.DIRD.04/14.03.038/2025-26]
