Risk Management and Inter-Bank Dealings - Non-deliverable ...
Circulars FEMA
June 9, 2023
Risk Management and Inter-Bank Dealings - Non-deliverable derivative contracts (NDDCs) - With a view to developing the onshore INR NDDC market and providing residents the flexibility to efficiently design their hedging programmes, banks are permitted to allow certain transactions - Cash settled in INR - INR or any foreign currency - Circular
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