Reserve Bank of India calls for more disclosure
NEWS
During an address to the Federation of Indian Chambers of Commerce and Industry – Indian Banks Association (FICCI-IBA) conference in Mumbai, Reddy said: "While the banks’ risk exposures and their risk management strategy is usually an item of public disclosure, there is a corresponding need for corporates to also make adequate disclosures regarding their risk exposures, specially to derivatives and foreign exchange."
Reddy’s comments came amid a declining rupee, which market-watchers expect to
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