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Indian Navy Hosts IFR 2026, MILAN 2026 & IONS Conclave of Navy Chiefs 2026 at Visakhapatnam, APThe Indian Navy (IN) hosted three major international engagements at Visakhapatnam, Andhra Pradesh (AP): Exercise MILAN 2026, the International Fleet Review (IFR) 2026, and the Indian Ocean Naval Symposium (IONS) Ninth Conclave of Navy Chiefs from 15 to 25 February 2026.About Exercise MILAN 2026: Union Minister Rajnath Singh, Ministry of Defence (MoD) inaugurated the 13th edition of Exercise MILAN-2026 at Visakhapatnam, AP, which was conducted from 19–25 February 2026 in the Bay of Bengal as a biennial multilateral naval exercise hosted by IN.Theme: The theme of MILAN 2026 was “Camaraderie, Cooperation, Collaboration.”About International Fleet Review (IFR) 2026: IFR 2026 was held on 18 February 2026 off Visakhapatnam, AP, under the theme “United through Oceans,” and was presided over by President Droupadi Murmu, Supreme Commander of the Armed Forces.About Indian Ocean Naval Symposium (IONS) Conclave 2026: The 9th Conclave of Chiefs of the Indian Ocean Naval Symposium (IONS) was held on 20 February 2026 at Visakhapatnam, AP.Tenure: India will lead the IONS for the 2026–2028 term, marking its second tenure as Chair since the forum was launched in 2008 in New Delhi (Delhi).Chairmanship: Admiral Dinesh K Tripathi, Chief of the Naval Staff (CNS) of the Indian Navy (IN), assumed the Chairmanship of IONS from the Royal Thai Navy (RTN).About Indian Navy (IN):Chief of Naval Staff (CNS) – Admiral Dinesh K TripathiHeadquarters– New Delhi, DelhiEstablished-1950Motto – “Sam no Varunah”
Indian Navy Hosts IFR 2026, MILAN 2026 & IONS Conclave of Navy Chiefs 2026 at Visakhapatnam, APThe Indian Navy (IN) hosted three major international engagements at Visakhapatnam, Andhra Pradesh (AP): Exercise MILAN 2026, the International Fleet Review (IFR) 2026, and the Indian Ocean Naval Symposium (IONS) Ninth Conclave of Navy Chiefs from 15 to 25 February 2026.About Exercise MILAN 2026: Union Minister Rajnath Singh, Ministry of Defence (MoD) inaugurated the 13th edition of Exercise MILAN-2026 at Visakhapatnam, AP, which was conducted from 19–25 February 2026 in the Bay of Bengal as a biennial multilateral naval exercise hosted by IN.Theme: The theme of MILAN 2026 was “Camaraderie, Cooperation, Collaboration.”About International Fleet Review (IFR) 2026: IFR 2026 was held on 18 February 2026 off Visakhapatnam, AP, under the theme “United through Oceans,” and was presided over by President Droupadi Murmu, Supreme Commander of the Armed Forces.About Indian Ocean Naval Symposium (IONS) Conclave 2026: The 9th Conclave of Chiefs of the Indian Ocean Naval Symposium (IONS) was held on 20 February 2026 at Visakhapatnam, AP.Tenure: India will lead the IONS for the 2026–2028 term, marking its second tenure as Chair since the forum was launched in 2008 in New Delhi (Delhi).Chairmanship: Admiral Dinesh K Tripathi, Chief of the Naval Staff (CNS) of the Indian Navy (IN), assumed the Chairmanship of IONS from the Royal Thai Navy (RTN).About Indian Navy (IN):Chief of Naval Staff (CNS) – Admiral Dinesh K TripathiHeadquarters– New Delhi, DelhiEstablished-1950Motto – “Sam no Varunah”
Indian Navy Hosts IFR 2026, MILAN 2026 & IONS Conclave of Navy Chiefs 2026 at Visakhapatnam, APThe Indian Navy (IN) hosted three major international engagements at Visakhapatnam, Andhra Pradesh (AP): Exercise MILAN 2026, the International Fleet Revi...
Overview of French President Emmauel Macron’s Visit to India from February 17 to February 19, 2026Emmanuel Macron, President of France undertook a 3-day visit to India from February 17 to February 19, 2026, at the invitation of Narendra Modi, Prime Minister (PM) of India. This marked French President Macron’s 4th visit to India.During his visit, he participated in the Artificial Intelligence (AI) Impact Summit 2026.Key Highlights of Macron’s Visit to India:Inauguration of H125 Helicopter Assembly Line: PM Modi along with French President Emmanuel Macron, virtually inaugurated the final assembly line of H-125 helicopters, developed jointly by Tata Advanced Systems Limited (TASL) and Airbus at Vemagal in Karnataka.6th Annual Defence Defence Dialogue: Union Minister Rajnath Singh, Ministry of Defence (MoD) along with his French counterpart Catherin Vautrin co-chaired the 6th India-France Annual Defence Dialogue held in Bengaluru, Karnataka.India-France Year of Innovation 2026: PM Modi and French President jointly inaugurated the India-France Year of Innovation 2026 in Mumbai, Maharashtra.
Overview of French President Emmauel Macron’s Visit to India from February 17 to February 19, 2026Emmanuel Macron, President of France undertook a 3-day visit to India from February 17 to February 19, 2026, at the invitation of Narendra Modi, Prime Minister (PM) of India. This marked French President Macron’s 4th visit to India.During his visit, he participated in the Artificial Intelligence (AI) Impact Summit 2026.Key Highlights of Macron’s Visit to India:Inauguration of H125 Helicopter Assembly Line: PM Modi along with French President Emmanuel Macron, virtually inaugurated the final assembly line of H-125 helicopters, developed jointly by Tata Advanced Systems Limited (TASL) and Airbus at Vemagal in Karnataka.6th Annual Defence Defence Dialogue: Union Minister Rajnath Singh, Ministry of Defence (MoD) along with his French counterpart Catherin Vautrin co-chaired the 6th India-France Annual Defence Dialogue held in Bengaluru, Karnataka.India-France Year of Innovation 2026: PM Modi and French President jointly inaugurated the India-France Year of Innovation 2026 in Mumbai, Maharashtra.
Overview of French President Emmauel Macron’s Visit to India from February 17 to February 19, 2026Emmanuel Macron, President of France undertook a 3-day visit to India from February 17 to February 19, 2026, at the invitation of Narendra Modi, Prime ...
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MP Finance Minister Jagdish Devda Presented Rs.4.38 Lakh Crore Budget for FY27On February 18, 2026, Finance Minister (FM) of Madhya Pradesh (MP) Jagdish Devda presented a budget worth Rs.4.38 lakh crore for Financial Year 2026-27 (FY27) in the MP Legislative Assembly.Highlights of MP Budget for FY 27:Framework: The MP budget for FY27 is framed under a thematic model GYANII, encompassing Garib Kalyan (Poor Welfare), Yuva Shakti (Youth Empowerment), Annadata (Farmers), Nari Shakti (Women Empowerment), Infrastructure, Industry Development.Agriculture & Farmers’ Welfare: Over Rs.1.15 lakh crores allocated for agriculture and allied sectors. The budget proposed expansion of irrigation facilities and promoted dairy sector growth and rural livelihoods.The budget declared 2026 as Kisan Kalyan Year (Farmers’ Welfare Year) with expanded support for farmers.
MP Finance Minister Jagdish Devda Presented Rs.4.38 Lakh Crore Budget for FY27On February 18, 2026, Finance Minister (FM) of Madhya Pradesh (MP) Jagdish Devda presented a budget worth Rs.4.38 lakh crore for Financial Year 2026-27 (FY27) in the MP Legislative Assembly.Highlights of MP Budget for FY 27:Framework: The MP budget for FY27 is framed under a thematic model GYANII, encompassing Garib Kalyan (Poor Welfare), Yuva Shakti (Youth Empowerment), Annadata (Farmers), Nari Shakti (Women Empowerment), Infrastructure, Industry Development.Agriculture & Farmers’ Welfare: Over Rs.1.15 lakh crores allocated for agriculture and allied sectors. The budget proposed expansion of irrigation facilities and promoted dairy sector growth and rural livelihoods.The budget declared 2026 as Kisan Kalyan Year (Farmers’ Welfare Year) with expanded support for farmers.
MP Finance Minister Jagdish Devda Presented Rs.4.38 Lakh Crore Budget for FY27On February 18, 2026, Finance Minister (FM) of Madhya Pradesh (MP) Jagdish Devda presented a budget worth Rs.4.38 lakh crore for Financial Year 2026-27 (FY27) in the MP Leg...
TN FM Thangam Thennarasu Presents Rs 2.55 Lakh Crore Interim Budget for FY27In February 2026, Thangam Thennarasu, Finance Minister (FM) of Tamil Nadu (TN) presented Rs 2.55 lakh crore interim budget for Financial Year 2026-27 (FY27) in the state legislative assembly at Fort St. George, in Chennai, TN ahead of the state assembly election in April 2026.Highlights:Key Financial Indicators: The total expenditure of the Government of TN is estimated to be Rs 4,67,264 crore in the Interim Budget for FY27, marking an increase of 7.30% over 2025-26 Revised Estimates (RE).The interim budget also estimated the state’s revenue expenditure is at Rs 3,93,272 crore for FY27.Rs 48,696.32 crore has been estimated as revenue deficit in Interim Budget for FY27.Major Allocations: Among all the major sectors, the state government allocated Rs 57,039 crore for the education sector, followed by urban development (Rs 35,773 crore), rural development (Rs 28,687 crore), health (Rs 22,090 crore) and highways (Rs 21,132 crore).Other departments: Micro, Small and Medium Enterprises (MSMEs) (Rs 1,943 crore), transport department (Rs 13,062 crore), tourism department (Rs 1,394 crore), Sports development(Rs.718 crore) and among others.
TN FM Thangam Thennarasu Presents Rs 2.55 Lakh Crore Interim Budget for FY27In February 2026, Thangam Thennarasu, Finance Minister (FM) of Tamil Nadu (TN) presented Rs 2.55 lakh crore interim budget for Financial Year 2026-27 (FY27) in the state legislative assembly at Fort St. George, in Chennai, TN ahead of the state assembly election in April 2026.Highlights:Key Financial Indicators: The total expenditure of the Government of TN is estimated to be Rs 4,67,264 crore in the Interim Budget for FY27, marking an increase of 7.30% over 2025-26 Revised Estimates (RE).The interim budget also estimated the state’s revenue expenditure is at Rs 3,93,272 crore for FY27.Rs 48,696.32 crore has been estimated as revenue deficit in Interim Budget for FY27.Major Allocations: Among all the major sectors, the state government allocated Rs 57,039 crore for the education sector, followed by urban development (Rs 35,773 crore), rural development (Rs 28,687 crore), health (Rs 22,090 crore) and highways (Rs 21,132 crore).Other departments: Micro, Small and Medium Enterprises (MSMEs) (Rs 1,943 crore), transport department (Rs 13,062 crore), tourism department (Rs 1,394 crore), Sports development(Rs.718 crore) and among others.
TN FM Thangam Thennarasu Presents Rs 2.55 Lakh Crore Interim Budget for FY27In February 2026, Thangam Thennarasu, Finance Minister (FM) of Tamil Nadu (TN) presented Rs 2.55 lakh crore interim budget for Financial Year 2026-27 (FY27) in the state legi...
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International Asperger’s Day 2026 – February 18International Asperger’s Day (IAD) is observed annually across the world on 18 February to raise awareness about Asperger’s Syndrome, a condition on the Autism Spectrum Disorder (ASD) continuum.The day marks the birth anniversary of Hans Asperger, the Austrian pediatrician who first described the condition in 1944.About Asperger’s Syndrome:Overview: Asperger’s Syndrome is a neurodevelopmental condition that falls under Autism Spectrum Disorder (ASD).Characteristics: It is marked by challenges in social interaction and communication, along with restricted or repetitive interests and behaviours.Individuals typically have average or above-average intelligence and no major language delay.Current Classification: It is now included under Autism Spectrum Disorder (ASD) in modern diagnostic frameworks such as Diagnostic and Statistical Manual of Mental Disorders (DSM-5).UN Adoption: The day was adopted by the United Nations General Assembly(UNGA) in 2007.
International Asperger’s Day 2026 – February 18International Asperger’s Day (IAD) is observed annually across the world on 18 February to raise awareness about Asperger’s Syndrome, a condition on the Autism Spectrum Disorder (ASD) continuum.The day marks the birth anniversary of Hans Asperger, the Austrian pediatrician who first described the condition in 1944.About Asperger’s Syndrome:Overview: Asperger’s Syndrome is a neurodevelopmental condition that falls under Autism Spectrum Disorder (ASD).Characteristics: It is marked by challenges in social interaction and communication, along with restricted or repetitive interests and behaviours.Individuals typically have average or above-average intelligence and no major language delay.Current Classification: It is now included under Autism Spectrum Disorder (ASD) in modern diagnostic frameworks such as Diagnostic and Statistical Manual of Mental Disorders (DSM-5).UN Adoption: The day was adopted by the United Nations General Assembly(UNGA) in 2007.
International Asperger’s Day 2026 – February 18International Asperger’s Day (IAD) is observed annually across the world on 18 February to raise awareness about Asperger’s Syndrome, a condition on the Autism Spectrum Disorder (ASD) continuum.The day m...
International Epilepsy Day 2026 – February 9International Epilepsy Day is observed globally on the second Monday of February each year to raise awareness about epilepsy, a neurological disorder, and to promote understanding of its symptoms, diagnosis, and treatment.International Epilepsy Day 2026 was observed on February 9, 2025.2026 Theme:“The Epilepsy Pledge”Background:Organisers: International Epilepsy Day is a joint initiative of the International Bureau for Epilepsy (IBE) and the International League Against Epilepsy (ILAE).First Observance: The first International Epilepsy Day was observed on 9 February 2015 (Monday).Symbol: Lavender, the international flower for epilepsy, symbolizes the isolation and loneliness often experienced by people living with the condition.The colour purple is globally recognised as the official symbol of epilepsy awareness.Related Observance: National Epilepsy Day in India is observed annually on November 17.
International Epilepsy Day 2026 – February 9International Epilepsy Day is observed globally on the second Monday of February each year to raise awareness about epilepsy, a neurological disorder, and to promote understanding of its symptoms, diagnosis, and treatment.International Epilepsy Day 2026 was observed on February 9, 2025.2026 Theme:“The Epilepsy Pledge”Background:Organisers: International Epilepsy Day is a joint initiative of the International Bureau for Epilepsy (IBE) and the International League Against Epilepsy (ILAE).First Observance: The first International Epilepsy Day was observed on 9 February 2015 (Monday).Symbol: Lavender, the international flower for epilepsy, symbolizes the isolation and loneliness often experienced by people living with the condition.The colour purple is globally recognised as the official symbol of epilepsy awareness.Related Observance: National Epilepsy Day in India is observed annually on November 17.
International Epilepsy Day 2026 – February 9International Epilepsy Day is observed globally on the second Monday of February each year to raise awareness about epilepsy, a neurological disorder, and to promote understanding of its symptoms, diagnosis...
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TVS Supply Chain Solutions Partners ALA Group for Aerospace & Defence Supply ChainsIn February 2026, TVS Supply Chain Solutions (TVS SCS) signed a Memorandum of Understanding (MoU) with ALA Group, an Italy-based aerospace and defence supply chain integrator, to jointly pursue opportunities in India’s rapidly expanding USD 28 billion aerospace and defence (A&D) supply chain market.About MoU between TVS SCS–ALA Group:Objective: Develop integrated supply chain services for A&D across production and aftermarket lifecycles, including Production Support (PS), Spare Parts Distribution (SPD), Inventory Optimisation (IO), Defence-grade Logistics (DGL), Logistics Engineering (LE) and Maintenance, Repair, and Overhaul (MRO).Scope: Target India’s A&D sector, aligned with Defence Offset Programmes (DOP), with phased global expansion.Services: Provide end-to-end certified solutions spanning complex assembly logistics, regulated procurement, digital inventory management, spare parts supply to Original Equipment Manufacturer (OEM), and defence-compliant engineering solutions aligned with North Atlantic Treaty Organization (NATO) Stock Numbers (NSN) standards.Impact: Strengthen India’s domestic aerospace and defence ecosystem through indigenisation, compliance, digitalisation, global supply chain integration, and enhanced participation in international aerospace and defence value chains.
TVS Supply Chain Solutions Partners ALA Group for Aerospace & Defence Supply ChainsIn February 2026, TVS Supply Chain Solutions (TVS SCS) signed a Memorandum of Understanding (MoU) with ALA Group, an Italy-based aerospace and defence supply chain integrator, to jointly pursue opportunities in India’s rapidly expanding USD 28 billion aerospace and defence (A&D) supply chain market.About MoU between TVS SCS–ALA Group:Objective: Develop integrated supply chain services for A&D across production and aftermarket lifecycles, including Production Support (PS), Spare Parts Distribution (SPD), Inventory Optimisation (IO), Defence-grade Logistics (DGL), Logistics Engineering (LE) and Maintenance, Repair, and Overhaul (MRO).Scope: Target India’s A&D sector, aligned with Defence Offset Programmes (DOP), with phased global expansion.Services: Provide end-to-end certified solutions spanning complex assembly logistics, regulated procurement, digital inventory management, spare parts supply to Original Equipment Manufacturer (OEM), and defence-compliant engineering solutions aligned with North Atlantic Treaty Organization (NATO) Stock Numbers (NSN) standards.Impact: Strengthen India’s domestic aerospace and defence ecosystem through indigenisation, compliance, digitalisation, global supply chain integration, and enhanced participation in international aerospace and defence value chains.
TVS Supply Chain Solutions Partners ALA Group for Aerospace & Defence Supply ChainsIn February 2026, TVS Supply Chain Solutions (TVS SCS) signed a Memorandum of Understanding (MoU) with ALA Group, an Italy-based aerospace and defence supply chain int...
Axis Bank Partners with IndiGo to Launch Two Co-branded Credit CardsIn February 2026, Axis Bank Limited, India’s 3rd largest private sector bank, collaborated with IndiGo (InterGlobe Aviation Limited) to launch two travel and lifestyle-focused co-branded credit cards, ‘IndiGo Axis Bank Credit Card’ and ‘IndiGo Axis Bank Premium Credit Card’.These newly launched credit cards will offer rewards to bank’s customers through IndiGo’s loyalty programme, IndiGo BluChip.Key Details of Co-branded Credit Cards:Key Features: IndiGo Axis Bank Credit Card, priced at Rs 799 including Goods and Services Tax (GST), is specifically designed to target retail customers. It offers a balanced range of travel and lifestyle benefits across major spending categories.IndiGo Axis Bank Premium Credit Card, priced at Rs 5,000 including GST, is designed to cater affluent customers who are seeking enhanced travel privileges and premium lifestyle benefits.Available on: Both these new co-branded credit cards will be available on the RuPay and Visa networks.Key Benefits: IndiGo Axis Bank Credit Cardholders will receive a 1,200 BluChips voucher on joining, renewal. It offers certain benefits like: complementary domestic airport lounge access, and accelerated rewards on Unified Payments Interface (UPI) transactions.IndiGo Axis Bank Premium Credit Cardholders will receive vouchers worth 5,000 BluChips on joining, renewal. It offers complementary domestic and international airport lounge access as well as reduced forex markup of 2.5% of international transactions.
Axis Bank Partners with IndiGo to Launch Two Co-branded Credit CardsIn February 2026, Axis Bank Limited, India’s 3rd largest private sector bank, collaborated with IndiGo (InterGlobe Aviation Limited) to launch two travel and lifestyle-focused co-branded credit cards, ‘IndiGo Axis Bank Credit Card’ and ‘IndiGo Axis Bank Premium Credit Card’.These newly launched credit cards will offer rewards to bank’s customers through IndiGo’s loyalty programme, IndiGo BluChip.Key Details of Co-branded Credit Cards:Key Features: IndiGo Axis Bank Credit Card, priced at Rs 799 including Goods and Services Tax (GST), is specifically designed to target retail customers. It offers a balanced range of travel and lifestyle benefits across major spending categories.IndiGo Axis Bank Premium Credit Card, priced at Rs 5,000 including GST, is designed to cater affluent customers who are seeking enhanced travel privileges and premium lifestyle benefits.Available on: Both these new co-branded credit cards will be available on the RuPay and Visa networks.Key Benefits: IndiGo Axis Bank Credit Cardholders will receive a 1,200 BluChips voucher on joining, renewal. It offers certain benefits like: complementary domestic airport lounge access, and accelerated rewards on Unified Payments Interface (UPI) transactions.IndiGo Axis Bank Premium Credit Cardholders will receive vouchers worth 5,000 BluChips on joining, renewal. It offers complementary domestic and international airport lounge access as well as reduced forex markup of 2.5% of international transactions.
Axis Bank Partners with IndiGo to Launch Two Co-branded Credit CardsIn February 2026, Axis Bank Limited, India’s 3rd largest private sector bank, collaborated with IndiGo (InterGlobe Aviation Limited) to launch two travel and lifestyle-focused co-bra...
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ASK Asset & Wealth Management Received SEBI Approval to Launch MF BusinessIn February 2026, ASK Asset & Wealth Management Group, a leading financial services company, received regulatory approval from the Securities and Exchange Board of India (SEBI) to start operations as an investment manager for the Mutual Fund (MF) business in India.This marks the 52nd fund house to join the MF business, which registered Assets Under Management (AUM) of Rs 81 lakh crore (as of January 31, 2026).Key Details:Background: In March 2025, ASK Asset & Wealth Management received in-principle approval from the SEBI to launch MF business.MF: This approval allows ASK Asset & Wealth Management to formally enter the MF sector, empowering the company to design, launch, and manage MF schemes across a wide spectrum of investment products.Expansion : The MF license will enable the ASK to expand its offering other than Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), private wealth, to investment solutions across active equity, passive strategies, hybrid and fixed income products.Diverse Range of Investors: Also, the MF platform will help the company to cater to all investor categories i.e. from 1st-time retail investors and long-term savers to High Net Worth Individuals (HNIs) and institutional participants.
ASK Asset & Wealth Management Received SEBI Approval to Launch MF BusinessIn February 2026, ASK Asset & Wealth Management Group, a leading financial services company, received regulatory approval from the Securities and Exchange Board of India (SEBI) to start operations as an investment manager for the Mutual Fund (MF) business in India.This marks the 52nd fund house to join the MF business, which registered Assets Under Management (AUM) of Rs 81 lakh crore (as of January 31, 2026).Key Details:Background: In March 2025, ASK Asset & Wealth Management received in-principle approval from the SEBI to launch MF business.MF: This approval allows ASK Asset & Wealth Management to formally enter the MF sector, empowering the company to design, launch, and manage MF schemes across a wide spectrum of investment products.Expansion : The MF license will enable the ASK to expand its offering other than Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), private wealth, to investment solutions across active equity, passive strategies, hybrid and fixed income products.Diverse Range of Investors: Also, the MF platform will help the company to cater to all investor categories i.e. from 1st-time retail investors and long-term savers to High Net Worth Individuals (HNIs) and institutional participants.
ASK Asset & Wealth Management Received SEBI Approval to Launch MF BusinessIn February 2026, ASK Asset & Wealth Management Group, a leading financial services company, received regulatory approval from the Securities and Exchange Board of India (SEBI)...
RBI Mandates Unique Transaction Identifier for OTC Derivatives from January 01, 2027In January 2026, the Reserve Bank of India (RBI) mandated the use of Unique Transaction Identifier (UTI) for all Over-the-Counter (OTC) derivative transactions from January 01, 2027, instead of its previous proposed timeline i.e. from April 01, 2026.The new directions related to UTI have been issued by the RBI in exercise of powers given under Section 45W of the RBI Act, 1934 read with Section 45U of the Act and of all powers enabling it in its behalf.Key Directions:Adhere to Global Guidance: As per RBI directions, the UTI is required to be generated in line with global guidance issued by Committee on Payments and Market Infrastructures and International Organisation of Securities Commissions.UTI Structure: The RBI also specified the UTI format can maximum up to 52 characters, including the Legal Entity Identifier (LEI) of the generation entity.Lifecycle Events: RBI has clarified that modifications to contract details will be considered as updates and will not require generation of new UTI.
RBI Mandates Unique Transaction Identifier for OTC Derivatives from January 01, 2027In January 2026, the Reserve Bank of India (RBI) mandated the use of Unique Transaction Identifier (UTI) for all Over-the-Counter (OTC) derivative transactions from January 01, 2027, instead of its previous proposed timeline i.e. from April 01, 2026.The new directions related to UTI have been issued by the RBI in exercise of powers given under Section 45W of the RBI Act, 1934 read with Section 45U of the Act and of all powers enabling it in its behalf.Key Directions:Adhere to Global Guidance: As per RBI directions, the UTI is required to be generated in line with global guidance issued by Committee on Payments and Market Infrastructures and International Organisation of Securities Commissions.UTI Structure: The RBI also specified the UTI format can maximum up to 52 characters, including the Legal Entity Identifier (LEI) of the generation entity.Lifecycle Events: RBI has clarified that modifications to contract details will be considered as updates and will not require generation of new UTI.
RBI Mandates Unique Transaction Identifier for OTC Derivatives from January 01, 2027In January 2026, the Reserve Bank of India (RBI) mandated the use of Unique Transaction Identifier (UTI) for all Over-the-Counter (OTC) derivative transactions from J...
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