RBI: Proof Not Needed for All FX Trades, Clarifies Stance
Bhoi Smrutirekha Dharanidhar Confusion arose recently regarding the Reserve Bank of India’s (RBI) stance on underlying exposure for foreign exchange (FX) derivatives. However,…
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RBI May Set Interest Rate for Borrowing by States
The Reserve Bank of India (RBI) is responsible for managing interest rates in India. One way they do this is…
Read MoreRBI AIF Rules: Relief for Now, Bumps Ahead
The Reserve Bank of India’s (RBI) recent clarification on a December 2023 circular regarding Alternative Investment Funds (AIFs) has caused…
Read MoreGovt Banks Open Mar 31 for Govt Business
The Reserve Bank of India (RBI), the central bank of India, has instructed banks that handle government transactions to stay…
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