RBI allows insurers to deal with interest rate derivative products

RBI allows insurers to deal with interest rate derivative products

“Such forward contracts will enable long-term investors such as insurance funds to manage their interest rate risk across interest rate cycles. They will also enable efficient pricing of derivatives that use bonds as underlying instruments,” said Sanjay...
Malhotra exhorts staff to strive for perfection; support realisation of Viksit Bharat vision

Malhotra exhorts staff to strive for perfection; support realisation of Viksit Bharat vision

Sanjay Malhotra,Governor,Reserve Bank of India Malhotra, who faces a slew of challenges, including the unsettling of the inflation-growth balance and the continuous pressure on the rupee, said, “Continuous improvements and kaizens (improvement)” are essential for any...