Question
Financial Benchmarks India Pvt. Ltd. (FBIL) has been
floated by:Solution
An independent company named āFinancial Benchmarks India Pvt. Ltd.(FBIL), jointly floated by the FIMMDA, the FEDAI and the IBA has since been incorporated. The FBIL will act as an independent benchmark administrator and gradually take over the benchmarks currently being disseminated by other agencies.
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