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The Reserve Bank of India (RBI) on Monday released a fresh set of draft regulations aimed at updating the rules for Rupee Interest Rate Derivatives (IRD), in a move designed to bring the regulatory framework in line with evolving market practices and increased participation from non-resident entities.The current framework, last revised in June 2019, is being overhauled to reflect the …
Read More »RBI’s new regulation? Issues draft norms on Rupee interest rate derivatives; allows non-resident to undertake transactions – Times of India
