RBI issues draft norms on NRI participation in IRD market – The Financial Express

The Reserve Bank of India (RBI) Wednesday issued draft guidelines on non-residents participation in the interest rate derivative (IRD) market.The central bank has sought comments on the draft guidelines from banks, market participants and other interested parties by December 31.The Reserve Bank of India (RBI) Wednesday issued draft guidelines on non-residents participation in the interest rate derivative (IRD) market. The draft norms have proposed non-resident Indians (NRIs) access to the IRD ma...
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