India

Dealers ready their resources for Asia commodities push

The bounce in the commodities sector following the financial crisis put a number of dealers on alert about money-making opportunities in Asia. Many leading dealers are amassing their resources in the region, particularly in the physical arena. But do…

Asia Risk 15: Sandip Biswas, Tata Steel

Tata Steel has managed risks on multiple fronts during its transformation from an Indian company into a multinational corporation over the past 15 years. Adopting a proactive but prudent approach to using derivatives has helped achieve this growth. Rahul…

Asia Risk 15: Shilpa Kumar, ICICI

Shilpa Kumar has championed the development of modern financial derivatives in India. The ICICI veteran talks with Asia Risk about some of the milestone events during the past 15 years. By Sarfraz Thind

Consortiums look beyond historical loss data

The financial crisis has shown historical loss data is not enough to help model and predict future op risk events, so some loss data consortiums are looking to include features such as scenario analysis results in their databases

Asia plays catch-up on CCPs

While European and US regulators blaze a trail in over-the-counter derivatives reform, Asian supervisors have been much more circumspect. Some are now exploring the use of central clearing but many are still wrestling with how best to implement it. Matt…

Putting the building blocks in place

The concept of using derivatives for risk management is still relatively new to utilities in India and is viewed with caution by market regulators. Katie Holliday talks to market experts about how they expect the discipline of risk management to develop

Murky rules mire ODIs

Foreign institutional investors have clashed with the Securities and Exchange Board of India in recent years over the issuance of offshore derivatives instruments. Barclays Capital and Société Générale are the latest institutions to run foul of the…

Hedging hit hard

The Reserve Bank of India issued draft guidelines last November proposing a ban on reduced-cost derivatives structures – the source of much controversy in India’s corporate market during the past three years. But some corporates are not happy with the…

Q&A with JP Morgan’s head of commodities for India

Indian businesses are keen to learn how to recognise their exposures to commodity price volatility and, in turn, manage that risk, says JP Morgan’s Rahul Eapen. He tells Katie Holliday why the varying levels of knowledge and understanding make the Indian…

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