https://www.taxtmi.com/news?id=11332 Draft guidelines address capital and provisioning requirements for banks' exposures to corporates with unhedged foreign currency exposure, requiring banks to assess and hold additional capital and make provisioning for credit exposures arising from corporates' unhedged currency positions. The Reserve Bank of India published the draft for public consultation and invited stakeholder feedback by a specified deadline, directing submissions to the Principal Chief General Manager, Department of Banking Operations and Development, by post or e-mail. en-us Tue, 02 Jul 2013 18:01:42 +0530 Tue, 02 Jul 2013 18:01:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11332 Draft guidelines address capital and provisioning requirements for banks' exposures to corporates with unhedged foreign currency exposure, requiring banks to assess and hold additional capital and make provisioning for credit exposures arising from corporates' unhedged currency positions. The Reserve Bank of India published the draft for public consultation and invited stakeholder feedback by a specified deadline, directing submissions to the Principal Chief General Manager, Department of Banking Operations and Development, by post or e-mail. News - Tue, 02 Jul 2013 18:01:42 +0530 https://www.taxtmi.com/news?id=11332