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RBI asks for forex derivative info from banks
The New Indian Express Kochi
|March 13, 2025
Banking regulator is examining derivatives exposures of private and state-run banks which have large forex derivatives
DAYS after ₹2,000 crore forex derivatives fiasco at Indusind Bank came to light, the Reserve Bank on Wednesday asked banks with large forex derivatives books to provide details such as size of the exposure, hedging and their forex deposits.
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