Reserve Bank of India (RBI)
Proof of exposure required before Indian companies can trade derivatives
New regulations will require Indian companies to prove they have an exposure that needs to be hedged
‘Bizarre’ $555bn derivatives lawsuit in India rumbles on
Litigation claims fraud perpetrated by foreign banks and the RBI
Preparing for domestic credit derivatives in India
Preparing for domestic CDS
More discord over Basel III countercyclical buffers
Basel Committee’s Peter Praet acknowledges disagreement; Charles Goodhart warns lack of consensus will stop central banks acting to stem financial imbalances
Subbarao concerned over Basel III countercyclical measures
Reserve Bank of India governor Duvvuri Subbarao cites concern over variable likely to be used to calibrate countercyclical buffers
Indian regulator tightens derivatives rules
Sebi has banned mutual funds from writing options and placed prudential limits on the amount of derivatives investments that can be made by mutual funds in the country in a bid to tighten regulation
Putting the building blocks in place
The concept of using derivatives for risk management is still relatively new to utilities in India and is viewed with caution by market regulators. Katie Holliday talks to market experts about how they expect the discipline of risk management to develop
Passage to India
It’s a long way from Basel to Mumbai, and it will be a while before India’s banks have fully implemented the Basel II capital requirements framework. OR&R looks at how far they have come, and the obstacles they must overcome on the path ahead
“We failed the system”: Carney at RBI panel
Governors including Canada’s Mark Carney and India’s Duvvuri Subbarao point to imbalances as root cause of the crisis, but skirt around concerns over the dollar
Risk India conference 2009
Keeping it simple
Indian corporates hit again
Foreign exchange
A rumble in Mumbai
India
Indian banks call for additional Basel II guidance
Indian banks have called on their regulator, the Reserve Bank of India (RBI), to provide adequate guidance for the implementation of the new Basel Framework for Minimum Capital Requirements, also known as Basel II, according to a survey by the Federation…
India could allow foreign currency-rupee options by April
The Reserve Bank of India (RBI) could allow banks to offer foreign currency-rupee options to corporate clients by April, according to a bank official.
India relaxes rules on exchange-traded derivatives
The Reserve Bank of India (RBI) has ended many of its restrictions on foreign institutional investors, granting them permission to trade all exchange-traded derivatives products.
IT and staff quality seen as key as India adopts Basel II
CALCUTTA, INDIA - The need to improve staff quality and use information technology (IT) effectively are among key targets for the Indian banking system as it prepares to meet intern ational standards of risk-based regulation, India’s central bank chief…