RBI finalises credit derivatives framework for wider CDS use
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The Reserve Bank of India (RBI) has issued final norms to expand the credit derivatives market, allowing broader use of credit default swaps (CDS) and total return swaps. These rules take effect immediately and are aimed at enhancing risk management tools for market participants. Non-resident users can only use these instruments for hedging purposes. 📈
Not investment advice. For informational purposes only.