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
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
Note: It is a system-generated summary and is for quick reference only.