RBI Puts A Lid On Banks' US Dollar Exposure — What Has Changed And Why It Matters
Banks have approached the RBI seeking relaxation on the NOP diktat. Large banks' officials met with RBI officials on Saturday and conveyed their concerns on the immediate hit to profitability if the new rules are implemented from next month.
Banks have approached the RBI seeking relaxation on the NOP diktat. Large banks' officials met with RBI officials on Saturday and conveyed their concerns on the immediate hit to profitability if the new rules are implemented from next month.
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