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RBI says banks can offer NDF contracts to resident Indians for hedging - RollingNotes' News

Economy

RBI says banks can offer NDF contracts to resident Indians for hedging

These contracts can be issued to non-retail residents for hedging purposes and settled in Indian rupees, the Reserve Bank of India said in a notification.

Jun 6, 2023 - 20:10

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RBI says banks can offer NDF contracts to resident Indians for hedging

These contracts can be issued to non-retail residents for hedging purposes and settled in Indian rupees, the Reserve Bank of India said in a notification.