The banks want the swaps to reference the newly-proposed Secured Overnight Rupee Rate (SORR) instead of the prevailing Mumbai Interbank Outright Rate (MIBOR), the people said, asking not to be named as the discussions are private.
The move is intended to improve price discovery in the interest-rate swap market, an opaque but important part of the financial system that helps banks and corporations manage their risks.
この記事は Hindustan Times West UP の December 24, 2024 版に掲載されています。
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この記事は Hindustan Times West UP の December 24, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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There's been a lapse in filing nominations'
Paris Olympics' double bronze-medallist Manu Bhaker on Tuesday admitted that \"there has been a lapse may be on my part\" while filing nominations for this year's National Sports Awards amid a raging controversy over her exclusion from the list of Dhyan Chand Khel Ratna awardees.
Record chase in women's 50-over game
ruled out of Australia series
India wait for Shubman to sort out scoring issues in away Tests
The No.3 batter has a range of shots, but hasn't shown patience early on and has struggled on this tour of Australia
Good bowlers are excited to come to MCG, says curator
The weather in Melbourne has already dropped from a high of 37°C a day after the team landed here to a max of 18°C on Monday.
Rupee hits record low for sixth straight session
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for the greenback from importers added to the lingering pressure on the local currency.
India bond yields little changed as traders eye fresh global cues
Indian government bonds traded in a tight range before ending little changed on Tuesday, ahead of a holiday, with a rise in U.S. Treasury yields weighing on sentiment.
UPI QR transactions up 33% at retail stores in rural areas this yr
UPI transactions at retail stores have increased by 33% in semi-urban and rural areas this year, reflecting the growing adoption of digital payments, says a report.
INDIAN REFINERS MAY BUY MIDEAST SPOT OIL TO DEAL WITH RUSSIAN SHORTFALL
Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier, Russia, has fallen, three refining sources said, in a move that could support prices for high-sulphur oil.
Raise import duty on petchem: Trade body SOS to govt
Fearing that countries like China may take advantage of low import duty to dump petrochemical products in India, a top trade body has sent an SOS to the government seeking a hike in customs duty to protect the domestic industry and jobs.
Odisha signs pact to operate hydrogen-powered buses
THE TRIPARTITE AGREEMENT TO BE IMPLEMENTED OVER THE NEXT FIVE YEARS HAS OUTLINED THE KEY ROLES AND RESPONSIBILITIES OF THE ENTITIES INVOLVED
