Question
Which bank has executed its first non-deliverable forex
derivative transaction with Reliance Industries, after the Reserve Bank of India allowed such transactions for resident Indians?Solution
HSBC India has executed its first non-deliverable forex derivative transaction with Reliance Industries, after the Reserve Bank of India allowed such transactions for resident Indians.Ā The RBIās decision to allow banks to offer non-deliverable foreign exchange derivative contracts involving Indian rupee to resident entities is expected to align the rupee hedging curves in onshore and offshore markets.
Which organization organized the 43rd Batch of Chief Information Security Officersā Deep Dive Training Programme under the Cyber Surakshit Bharat Init...
Which fintech company received RBIās authorization to act as a payment aggregator in August 2024?
Who holds the record for the second-most Test appearances after Sachin Tendulkar?
ToneTag, a voice-based commerce and payments solution provider has launchedĀ payment infrastructure named CUSP forĀ digital payments like central bank...
Which company has secured the bid for Indiaās first private strategic petroleum reserve (SPR) at Padur, Karnataka?Ā
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was launched in which year?
Who has been appointed Vice-President of the New Development Bank (NDB) in August 2025?
Why did New Zealand grant legal personhood to Mount Taranaki (TeKÄhui Tupua) in February 2025?
How does the partnership between PNB MetLife and India Post Payments Bank (IPPB) aim to enhance life insurance accessibility?
What is the projected cargo capacity of the Vadhvan Port by 2029?
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