After a significant regulatory shift by the Reserve Bank of India (RBI), dollar swap options, also known as swaptions, have made a comeback in India’s financial landscape. IndusInd Bank, a prominent player in the country’s banking sector, recently concluded a USD swaption deal with two undisclosed large corporate clients, marking a significant development in the realm of risk management.
IndusInd Bank announced the execution of this deal following the RBI’s decision to permit lenders to offer such products. Siddharth Banerjee, Head of Global Markets Group, Investment Banking, and Financial Institutions at IndusInd, emphasized the importance of this change, stating, “With the RBI…
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Unlocking Risk Management: Dollar Swap Options Return to India as RBI Reforms Lending Rules
