RBI Said to Query Bank Valuations of Some Bond Derivative Trades

RBI Said to Query Bank Valuations of Some Bond Derivative Trades

India’s central bank told some lenders they should change the way they account for bond forwards contracts, assets that amount to billions of dollars across the industry, according to people familiar with the matter.

India’s central bank told some lenders they should change the way they account for bond forwards contracts, assets that amount to billions of dollars across the industry, according to people familiar with the matter.
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Bloomberg — Markets (EN)




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