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Reserve Bank of India issues final rules on credit derivatives
The rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without any restrictions on purpose, while limiting the use of these instruments by non-resident users for hedging purposes.
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economictimes.indiatimes.com
Reserve Bank of India issues final rules on credit derivatives
The rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without any restrictions on purpose, while…
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thehindubusinessline.com
RBI issues final norms to expand credit derivatives market, allows wider CDS use
RBI expands India's credit derivatives market, allowing broader use of CDS for residents while limiting non-residents' hedging capabilities.