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The Reserve Bank of India has notified the contracts as Qualified Financial Contract, namely: -a. “derivative” as defined under clause (a) of Section 45U of the Reserve Bank of India Act, 1934 (2 of 1934); andb. “repo” and “reverse repo” as defined under clause (c) and (d) respectively of Section 45U of the Reserve Bank of India Act, 1934The Reserve Bank of India has notified the contracts as Qualified Financial Contract, namely: -a. “derivative” as defined under clause (a) of Section 45U of the Reserve Bank of India Act, 1934 (2 of 1934); andb. “repo” and “reverse repo” as defined under clause (c) and (d) respectively of Section 45U of the Reserve Bank of India Act, 1934taxmann.com Latest Statutory HappeningsRead More