Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure
RBI/2013-14/448 DBOD.No.BP.BC. 85 /21.06.200/2013-14 January 15, 2014 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs and LABs) Dear Sir, Capital and Provisioning Requirements for Exposures to entities with Unhedged Foreign Currency Exposure Please refer to the draft guidelines on the captioned subject issued on July 2, 2013 and paragraph… Read More
Tags: Capital requirement, Derivatives, Exchange rate, FCE, Hedge (finance), India, Institute of Chartered Accountants of India, UFCE
SEBI DRG Study No. 3: Impact of Increased Derivatives-Trading in India on the Price-Discovery Process
Securities and Exchange Board of India released the Development Research Group (DRG) Study titled, Impact of Increased Derivatives-Trading in India on the Price-Discovery Process. The study is co-authored by Prof. Banikanta Mishra, Dr. Sarat Malik, and Laltu Pore. About the Study The objective of the study on Impact of Increased Derivatives-Trading in India on the… Read More
Tags: Derivatives, Futures contract, Futures exchange, India, Options, Price discovery, Professor, Securities & Exchange Board of India
Call and Put Options Allowed By SEBI
Another breather for Corporate India after the passage of the Companies Act, 2013 is that SEBI has allowed companies to include call and put options in the M&A and Private Equity Agreements.[1] Companies can now enter contracts for pre-emption including right of first refusal, or tag-along or drag-along rights contained in shareholders agreements or articles… Read More
Tags: Companies Act, Derivatives, India, Private Equity, Regulation, Right of First Refusal, SEBI, Securities & Exchange Board of India, Shareholders' agreement
RBI Clarificaiton on Prudential Norms for Off-balance Sheet Exposures of Banks Deferment of Option Premium
RBI/2012-13/535 DBOD.No.BP.BC.102/21.04.157/2012-13 June 18, 2013 The Chairman and Managing Directors/ Chief Executive Officers of All Scheduled Commercial Banks (excluding RRBs and LABs) & All India Term-Lending & Refinancing Institutions Madam / Sir, Prudential Norms for Off-balance Sheet Exposures of Banks Deferment of Option Premium Banks are permitted to defer, at their discretion, the premium on… Read More
Tags: Bank, Chairman, Derivatives, India, July 2 2012, Options, Reserve Bank of India, Run batted in
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