The Reserve Bank Governor Shaktikanta Das on Monday stressed the need for greater participation of Indian banks in rupee derivatives market, both domestically and offshore, while being prudent. RBI Governor stated that participation of domestic banks in derivative markets remains limited with only a small set of active market-makers. Going forward, he said thatour focus should be on enhancing and widening the participation of Indian players in markets for INR derivatives, both domestically and offshore, while being prudent. Read The Rest at :
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