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RBI to push for reporting of offshore...
Financial Express Chandigarh
|April 11, 2026
THE RBI PROPOSAL is aimed at levelling the playing field between Indian and foreign banks, the first source familiar with the central bank's thinking said.
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"There was no clarity on what these Non-Deliverable Forward (NDF) trades were, making the RBI's task (of managing the rupee) complicated," the person said.
Both the sources requested anonymity since they are not authorised to speak to the media. The RBI did not immediately respond to an email seeking comment.
The large offshore forward market has a significant sway over the rupee's exchange rate, an influence that has heightened since the RBI opened the market to Indian banks and companies.
Cette histoire est tirée de l'édition April 11, 2026 de Financial Express Chandigarh.
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