{
  "id": 14732133,
  "title": "RBI clarifies interbank trades, ECBs coupons not part of FERR",
  "url": "https://urgent.news/2026/10/15/rbi-clarifies-interbank-trades-ecbs-coupons-not-part-of-ferr",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T15:14:53.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/finance/rbi-clarifies-interbank-trades-ecbs-coupons-not-part-of-ferr/articleshow/134970942.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making or proprietary trading. It will also not affect interest on External Commercial Borrowings or dividends payable to non-resident investors. The FERR must be maintained until one day after the derivative contract's termination.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}