LatestIncome Tax 9 October 2026
RBI Eliminates Deferred Option Premium Rule for Banks
The Reserve Bank of India has removed the Deferred Option Premium (DOP) requirement from commercial bank guidelines, ending the need for banks to calculate DOP on certain liabilities and simplifying compliance with current fiscal policy.
The RBI issued a new directive that deletes the Deferred Option Premium provision from its commercial bank instructions.
- What changed: DOP calculation requirement removed.
- Impact: Banks no longer need to account for DOP on specific liabilities, reducing compliance burden.
- Goal: Align banking practices with current fiscal policy and simplify regulatory compliance.
Read the full announcement on the *TaxCorp* site here.
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