TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All News
of of All News
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Allows Primary Dealers to Trade in Currency Futures Market with Conditions on Net Owned Fund and Risk Management.</h1> The Reserve Bank of India has permitted standalone Primary Dealers (PDs) to participate in the currency futures market on recognized exchanges, effective April 11, 2016. PDs must have a minimum Net Owned Fund of Rs. 250 crore to engage in this non-core activity. They can trade only on their own account, adhering to specified position limits across currency pairs like USD-INR, EUR-INR, GBP-INR, and JPY-INR. PDs must establish risk management guidelines and maintain necessary infrastructure. The RBI reserves the right to impose restrictions if PDs fail to meet obligations in the government securities market or violate regulations.
TaxTMI 
TaxTMI 
