‘Credit Risk Management’ for offsetting gross exposure of foreign-bank branches India to head office

The Reserve Bank of India has issued ‘Credit Risk Management’ for offsetting gross exposure of foreign-bank branches India to head office wherein it has been decided to permit foreign banks to exclude derivative contracts executed prior to April 1, 2019 while computing the derivative exposures on their Head Office including overseas branches.The Reserve Bank of India has issued ‘Credit Risk Management’ for offsetting gross exposure of foreign-bank branches India to head office wherein it has been decided to permit foreign banks to exclude derivative contracts executed prior to April 1, 2019 while computing the derivative exposures on their Head Office including overseas branches.taxmann.com Latest Statutory HappeningsRead More

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