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        FEMA & RBI

        RBI releases Report of the Committee on Financial Benchmarks

        February 8, 2014

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        The Reserve Bank of India has, today, placed on its website, the Report of the Committee on Financial Benchmarks. It may be recalled that the Reserve Bank had announced the constitution of the Committee on Financial Benchmarks (Chairman: Shri P. Vijaya Bhaskar, Executive Director) on June 28, 2013 with a mandate to study various issues relating to financial benchmarks in India and to submit the Report by December 31, 2013. The Draft Report of the Committee was placed on RBI website on January 3, 2014 for public comments. The Committee has finalised its report after taking into account the feedback received from market participants and other stakeholders.

        Ajit Prasad

        Assistant General Manager

        Financial benchmarks report released after public consultation, finalised following stakeholder feedback to inform benchmark governance. The Reserve Bank placed the Report of the Committee on Financial Benchmarks on its website; the committee, constituted to study issues relating to financial benchmarks and required to prepare a report, published a Draft Report for public comment and finalised the Report after considering feedback from market participants and other stakeholders.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Financial benchmarks report released after public consultation, finalised following stakeholder feedback to inform benchmark governance.

                                The Reserve Bank placed the Report of the Committee on Financial Benchmarks on its website; the committee, constituted to study issues relating to financial benchmarks and required to prepare a report, published a Draft Report for public comment and finalised the Report after considering feedback from market participants and other stakeholders.


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