Supreme Court: Registered Sale Deed Carries Strong Presumption of Genuineness  ||  SC: Registry Cannot Intrude Into Judiciary’s Exclusive Domain By Questioning Why a Party is Impleaded  ||  Calcutta HC: Third-Party Suits in a Deity’s Name are Allowed Only When The Sebait Loses Authority  ||  Madras HC: Encroachment on a Public Street Cannot be Allowed Even If It Has a Religious Character  ||  Karnataka HC: Bike Taxi Business Protected under Article 19(1)(G); State Can Regulate But Not Ban  ||  Allahabad HC: Not Specifying Arrest Grounds in Memo is Dereliction; Erring Cops Must be Suspended  ||  Del. HC Stresses Mandatory Legal Assistance to Preserve Fairness and Integrity of Criminal Trials  ||  Supreme Court: Delhi High Court Ruling upheld on Taekwondo National Sports Federation Recognition  ||  SC: Blockchain-Based Digitisation of Land Records Necessary to Reduce Property Document Litigation  ||  Supreme Court to NCLT : Limit Power to Decide Intellectual Property Title Disputes under IBC    

Reducing documentary requirements for hedging transactions- (Reserve Bank of India) (07 Apr 2016)

MANU/RPRL/0105/2016

Banking

The Reserve Bank of India released proposals to ease documentation requirements on residents for hedging currency risk arising out of trade transactions under the contracted exposure route. Among the changes proposed is permission for booking contracts based on actual underlying documentary evidence by the Authorised Dealer Category-I bank, instead of requiring clients to submit evidence towards the same.

Tags : HEDGING RISK   DERIVATE CONTRACTS   DOCUMENTARY EVIDENCE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved