Banks propose new benchmark for rate derivatives market
Business Standard|November 04, 2024
Banks have suggested phasing out the uncollateralised Mumbai Interbank Offer Rate (Mibor) and proposed a new benchmark for the interest rate derivatives market, according to sources privy to the development.
ANJALI KUMARI

This came after the Reserve Bank of India's (RBI's) Mibor Committee released a report on October 1. It recommended changes in the methodology of MIBOR while proposing a shift to a new benchmark for derivative products.

この記事は Business Standard の November 04, 2024 版に掲載されています。

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この記事は Business Standard の November 04, 2024 版に掲載されています。

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