RBI releases guidelines for banks to manage foreign currency exposure
RBI has directed banks to assess the unhedged foreign currency exposures of all counterparties to whom they have an exposure in any currency.
foreign currency
October 2022
February 2021
December 2020
October 2019
RBI clips wings of IFSCA’s GIFT City banking plans
A potential tiff between regulators, policy restrictions, and likely legal hassles have delayed the proposed launch of foreign currency accounts by a slew of banks.
Why retail banking will see a big change in 2021
Indian HNIs, foreign nationals will be allowed to open foreign currency accounts in any convertible currency in Gujarat's GIFT City from January 1.
Reducing India’s crude oil import dependency
The government has devised a three-pronged strategy to bring down its crude oil import bill and achieve energy security.
