Financial risk Current Affairs, GK & News
The Reserve Bank of India (RBI) had constituted an Expert Committee to Review the Extant Economic Capital Framework of the Reserve Bank of India. The committee was chaired by Dr Bimal Jalan. The committee has submitted its report. Recommendations of the Committee RBI’s economic capital The Committee called for a clearer distinction between the two ..
Topics: Balance Sheet • Equity • Finance • Financial markets • Financial risk • Money • RBI’s economic capital • Realized Equity • Reserve Bank of India • Risk provisioning for market risk • Surplus Distribution Policy • TARGET2
Multi Commodity Exchange of India platform launches India’s first options contract on copper futures
The Multi Commodity Exchange of India Ltd. (MCX) has launched the India’s first options contract on copper futures on May 21, 2018. The option contract will provide physical market participants an additional instrument to hedge their risk. Currently, June, August and November 2018 option contracts are available for trading, with one MCX copper futures contract ..
The Multi-Commodity Exchange of India Ltd (MCX) has launched India’s first commodity options in gold and gave stakeholders a new set of financial instruments to hedge their price risks. It is launched by Union Finance Minister Arun Jaitley in New Delhi on October 17, 2017. MCX has currently launched a Gold Option contract, with Gold ..
Credit Information Bureau (India) Ltd (CIBIL) is likely to bring in a “Risk Index” that will assist country’s banks in making faster decisions on extending loans to corporates and business houses. Banks would be able to gauge the potential of a company in servicing its loan by looking at its position in the index. The ..