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RBI Probing Banks' Derivatives Books
Mint Mumbai
|March 13, 2025
India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three people said on Wednesday.
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The Reserve Bank of India (RBI) has asked lenders for details of their overseas borrowings and deposits as well as their forex hedge positions, the people said.
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