The central bank, effective Friday, expanded the range of products banks can offer to eligible corporates, which included swaptions, or an option to enter into an interest rate swapReserve bank of India | Bloomberg PhotoReuters IndusInd Bank concluded a USD swaption, or swap option, deal after the Reserve Bank of India permitted lenders to offer such products, the company said on Friday. IndusInd said it executed the deal with two of its large corporate clients but did not disclose their names. Click here to follow our WhatsApp channel “With the RBI allowing more products being offered to corporates for hedging their risks, corporates will now have more effective ways of hedging…
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Dollar swap option returns to India after RBI rule change for lenders | Finance News
