Risk Management and Inter-Bank Dealings
The Master Circular outlines the facilities for persons resident in India other than Authorized Dealers Category-I.
Products and Operational Guidelines:
The circular covers five products:
- Forward Foreign Exchange Contracts: Participants include market-makers and users. The purpose is to facilitate foreign exchange transactions.
- Cross Currency Options (not involving Rupee): Participants include market-makers and users. The purpose is to manage foreign exchange risk.
- Foreign Currency – INR Options: Participants include market-makers and users. The purpose is to manage foreign exchange risk.
- Foreign Currency-INR Swaps: Participants include market-makers and users. The purpose is to manage foreign exchange risk.
- Cost Reduction Structures: Participants include market-makers and users. The purpose is to reduce costs.
Each product has its own operational guidelines, terms, and conditions.
Chat with the Master Circular:
Download: Master Circular on Risk Management and Inter-Bank Dealings