One of the few

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When bankers scour their contact lists for Indian corporate treasurers to do derivatives business with, the chances are that Alok Agarwal, Reliance Industries’ Mumbai-based treasurer, will be among the first called. Amid a highly regulated market and a constant thirst for plain vanilla, fixed-rate investments from India’s sizeable investor base, there’s still only a handful of Indian corporates regularly active in the country’s nascent derivatives market. But Reliance Industries

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