TaxTMI 
TaxTMI 
Draft Directions on Non-Resident Participation in Rupee Interest Rate Derivatives Markets
X X X X Extracts X X X X
X X X X Extracts X X X X
....raft Directions on Non-Resident Participation in Rupee Interest Rate Derivatives Markets <br>News and Press Release<br>Dated:- 7-12-2018<br><BR>The Reserve Bank of India today released Draft Direction....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s on non-residents' access to Interest Rate Derivative (IRD) market. Comments on the draft directions are invited from banks, market participants and other interested parties by December 31, 2018. Fe....
X X X X Extracts X X X X
X X X X Extracts X X X X
....edback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bhagat Singh Marg, Mum....
X X X X Extracts X X X X
X X X X Extracts X X X X
....bai - 400001 Or by email with subject line "Feedback on draft directions on non-residents' access to Interest Rate Derivative (IRD) market." Background It was proposed in the Bi-monthly Monetary Po....
X X X X Extracts X X X X
X X X X Extracts X X X X
....licy Statement in April 2018 that non-residents shall be given access to the Rupee Interest Rate Derivative (IRD) market in India. The draft directions in this regard propose non-residents' access to ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....IRD market, allowing non-residents to hedge their Rupee interest rate risk flexibly using any available IRD instrument. Non-residents will also be permitted to participate specifically in the Overnigh....
X X X X Extracts X X X X
X X X X Extracts X X X X
....t Indexed Swap (OIS) market for purposes other than hedging. The draft directions in this regard is being issued for public feedback. Ajit Prasad Assistant Adviser<BR> News - Press release - PIB....