EconomyMonday, 18 May 2026·Reserve Bank of India
RBI Discontinues Investment Fluctuation Reserve for Banks
The RBI discontinued the mandatory Investment Fluctuation Reserve (IFR) for banks; existing balances are to be moved to statutory/general reserves.
Key highlights
- Applies to commercial, cooperative, small finance and payments banks.
- IFR earlier hedged against mark-to-market depreciation risk.