Reserve Bank of India

23.06.2016

Banking

RBI requires frequent updates on CP and UFCE investments

MANU/RMIC/0101/2016

Investment by banks and financial institutions in commercial papers will have to be reported monthly to all credit information companies, the Reserve Bank notified. Unhedged foreign currency exposures will also have to be reported every quarter.

Reporting requirements will become effective from 1 July 2016, with reports showing the position for the month of June 2016.

Relevant

Data Format for Furnishing of Credit Information MANU/DBOD/0050/2014

Tags : commercial paper unhedged exposure reporting credit company

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