RBI constitutes Working Group on Hedging of Commodity Price Risk by Residents - ربی - Reserve Bank of India
RBI constitutes Working Group on Hedging of Commodity Price Risk by Residents
Exposure of Indian entities to commodity price risks has been accentuated by the growing integration of the Indian economy with the rest of the world and rising volumes of cross border trade. The Reserve Bank of India has set up a working group to review the guidelines for hedging of commodity price risk by residents in the overseas markets during the development phase of our domestic commodity derivative market. The Working Group has members drawn from RBI, Securities and Exchange Board of India (SEBI), commercial banks and corporates. The composition of the Working Group is:
The terms of reference of the Working Group are:
The Working Group may invite representatives from any sector relevant to its terms of reference. Resident entities exposed to commodity price risks, industry bodies, members of academia and other interested parties may mail their suggestions / comments. To send an email, please click here. The Group will submit its report by February 28, 2017. Ajit Prasad Press Release : 2016-2017/670 |