Indian corporates which have borrowed in US dollars are exposed to currency volatility as they may be 'inadequately' hedged to protect them from sudden swings in the direction of currency movement. A RBI research paper finds that depreciation of the Indian rupee has an adverse impact on the issuance of External Commercial Borrowings (ECBs) in the short as well as long run. The optimal hedge ratio for the ECBs portfolio is estimated at 63 per cent for the periods of high volatility in the forex market.
What does an 'Overdraft' facility in banking imply?
IFSC Code contains how many characters that facilitate fund transfer in any part of the country?
The Maximum time period of the Recurring Deposit is
The main purpose of preparing a Bank Reconciliation Statement is:
What is ALCO
Varada Grameen Bank is the Rural Bank named after a __________________ ?
In 1921, three Banks were merged into one Bank i.e, Imperial Bank. They are:
RBI was initially constituted to ___________.
Who has been elected president of the Paralympic Committee of India?
London Metal Exchange is owned by which one of the following?
