Indian Banks Urged To Keep FX Funds Separate
The Indian government is being urged to advise banks to keep overdue receivables from derivatives contracts in so-called suspense accounts, without deducting interest rates.
The Indian government is being urged to advise banks to keep overdue receivables from derivatives contracts in so-called suspense accounts, without deducting interest rates. The president of Tiruper Exporters Association made the plea to the central government in a memo, noting that despite instructions from the Reserve Bank
...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
