RBI reviews derivatives framework

New angles

The Reserve Bank of India (RBI) has taken a positive step towards improving the country’s derivatives market with its latest consultation paper on the regulatory framework for interest rate derivatives.

The RBI is currently reviewing comments on the derivatives report it issued in early January, which evaluates the existing framework, highlights major issues and considers the steps to be taken to facilitate development of the market.

The derivatives report “is a positive move and we’re hoping that

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