WebMar 12, 2024 · RBI had earlier constituted a Working Group to review the guidelines for Hedging of Commodity Price Risk by Residents in overseas markets (Chairman: Shri … WebJan 15, 2024 · RBI/2024-20/143 A.P. (DIR Series) Circular No. 16. January 15, 2024. All Authorised Dealer Category – I Banks. Madam / Sir, Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions, ... The directions contained in this circular have been issued under Sections 10(4) ...
Will the RBI’s draft guidelines on hedging commodity price risk keep …
WebJan 12, 2024 · Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bhagat Singh Marg, Mumbai – 400001 Or by email with subject line “Feedback on draft directions for commodity hedging in overseas markets”. WebJan 12, 2024 · The Reserve Bank of India (RBI) has invited comments on the draft directions from banks, market participants and other interested parties by January 31. how many months is january
EXTERNAL COMMERCIAL BORROWINGS - WIRC-ICAI
WebJun 9, 2024 · Further, such companies are required to mandatorily hedge 70 per cent of their ECB exposure if period is < 5 yrs. Natural hedge also permitted - Conditions. Refer Master directions. The overseas investors are eligible to hedge their exposure in Rupee through permitted derivative products with AD Category I banks in India. WebJan 27, 2024 · Further, such companies are required to mandatorily hedge 70 per cent of their ECB exposure in case the average maturity of the ECB is less than five (5) years. The designated AD Category-I bank shall verify that 70 per cent hedging requirement is complied with during the currency of the ECB and report the position to RBI through Form ECB 2. WebJan 12, 2024 · News PTI feed RBI releases draft directions on hedging of commodity price photographs cumming ga