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RBI Master Direction Risk Management and Inter-Bank Dealings- (Reserve Bank of India) (05 Jul 2016)

MANU/RMIC/0110/2016

Banking

The Reserve Bank of India introduced Master Directions effecting change in the way banks manage risk for national and international borrowers.

Aside from a call for greater scrutiny of documents submitted by prospective borrowers, the RBI is also desirous of hedging risk from long term exposure to foreign exchange rates.

Relevant : Foreign Exchange Management (Foreign exchange derivative contracts ) Regulations, 2000 MANU/RFEM/0017/2000 Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000 MANU/RFEM/0001/2000 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 MANU/RFEM/0018/2000

Tags : RBI LOAN FACILITIES FOREIGN EXCHANGE RISK MANAGEMENT

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