RBI tightens (Broadband provisioning) norms for derivative deals - Business
| RBI tightens norms for derivative deals - Business Standard In a move that may take some sheen off derivative deals, the Reserve Bank of India (RBI) today proposed to increase the provisioning requirements for banks for off-balance sheet items such as forex and broadband provisioning interest-rate derivatives and broadband provisioning gold trading Source: www.business-standard.com Derivatives will show up on bank balance sheets - Sify Mumbai: Banks will need to make provisions for their derivatives exposures just as they do for standard assets, the Reserve Bank of India (RBI) has said. This means, under derivatives contracts, banks will have to write off receivables that remain Source: sify.com |