Otmane El Rhazi : RBI fires warning shots on companies’ lack of FX hedging

Otmane El Rhazi from Moneycontrol Economy News.

RBI fires warning shots on companies' lack of FX hedging The RBI’s warnings signal its concern that unhedged firms could be a vulnerable link should global markets buckle. The central bank has worked hard to build up its defences after India last year weathered its worst rupee crisis in two decades.

Otmane El Rhazi : RBI redistributes work among Deputy Governors

Otmane El Rhazi from Moneycontrol Economy News.

RBI redistributes work among Deputy Governors The Reserve Bank, which is in the process of restructuring some of its departments, today redistributed work among its four Deputy Governors. It said that consequent on reorganisation of the departments/work areas in the Reserve Bank effective November 3, 2014, the portfolios of the Deputy Governors has been redistributed.