RBI alerts banks on full rupee convertibility
BY OUR CORRESPONDENT
Mumbai
Sept. 4: The Reserve Bank of India has adviced banks to gear up to face the risks of a fuller capital account regime that is expected to be in place by 2011.
In its report on Currency and Finance (2006-08) released on Thursday the RBI said that the banking system would be exposed to enhanced risks in terms of currency risk, counter party credit risk, legal risk, risk of regulatory arbitrage, risk in der...
9/4/2008 6:48:13 PM
Business
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