Latest News on Libor
Showing of 0 - 10 from 13 results
Libor - Total results - 13
Jun 27, 2019
RBI issues norms for setting up FBAs for fixing efficient benchmarks for financial instrumentsThe guidelines are based on the report submitted by a committee under its executive director P Vijaya Bhaskar on 28 June 2013
Oct 30, 2018
Indo-Japan currency swap accord: Prime Minister Narendra Modi’s move will boost forex reserves, support rupeeThe swap facility with Japan is definitely a big positive for the forex market and a positive step in firming up the rupee and should be read well by the participants
Jul 04, 2017
Asian Development Bank grants $220 mn for better road connectivity in Rajasthanthe ADB announced their new $10-billion country strategy for India, with the focus on supporting low-income states and the development of economic corridors.
Nov 24, 2016
RBI's idea to bring Sharia Banking into the fray is deeply flawedIt is with astonishment that I read the announcement by the Reserve Bank of India (RBI) last week wherein it proposed the opening of an "Islamic window" in conventional banks for "gradual" introduction of Sharia-compliant Islamic banking in the country
Jun 16, 2015
RBI nod to masala bonds by Indian firms welcoming as exchange rate risks shift to lendersMasala bonds shift the exchange rate risks onto the lenders, with all other features of ECB staying intact.
May 18, 2015
Capital account convertibility inescapable, says RBIFollowing the June 1991 liberalisation, the government and the RBI have been progressively lifting curbs on capital flows, which saw the FII investment into domestic debt rise to $31 billion as of now.
May 10, 2015
Air India may tie up with SBI, Citibank to raise funds through ECBThe sources said that Citibank and SBI had jointly participated in Air India's invitation for offer to raise up to $300 million through the ECB window last month.
Jan 27, 2014
Deutsche Bank clears co-CEO Anshu Jain's name in internal Libor probeDeutsche Bank has concluded co-Chief Executive Anshu Jain is clean after an internal investigation into the role of the bank into the manipulation of global interest rates, German newspaper Frankfurter Allgemeine Sonntagszeitung reported.
Jan 07, 2014
Royal Bank of Scotland hit with $50 mn fine for manipulating interest ratesThe Royal Bank of Scotland was fined $50 million by a federal judge in the state of Connecticut Monday, part of more than $600 million in penalties announced last year for manipulating interest rates.
Oct 30, 2013
Why rupee is vulnerable to manipulation in spot marketThe foreign exchange market is considered the most liquid and transparent in the world. However, recent investigations into alleged manipulation of the foreign exchange rates is a reminder that transparent exchange-based systems alone are not enough to ensure fairness