https://www.taxtmi.com/circulars?id=11390 AD Category I banks may undertake OTC Foreign Currency-INR swap transactions as intermediaries by matching corporate counterparties' requirements to facilitate hedging, and the earlier regulatory cap on net supply of foreign exchange in the market for such swaps has been removed; banks should notify their constituents and remain subject to any other statutory permissions. en-us Wed, 23 Nov 2011 00:00:00 +0530 Wed, 23 Nov 2011 13:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11390 AD Category I banks may undertake OTC Foreign Currency-INR swap transactions as intermediaries by matching corporate counterparties' requirements to facilitate hedging, and the earlier regulatory cap on net supply of foreign exchange in the market for such swaps has been removed; banks should notify their constituents and remain subject to any other statutory permissions. Circulars FEMA Wed, 23 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11390