RBI task force against Indian banks dealing in offshore NDF rupee market

The Reserve Bank of India(RBI) had set up an eight member committee on offshore rupee market.The committee was headed by Usha Thorat.It has submitted its report to the RBI Governor. The committee was set up to examine offshore rupee markets in depth and recommend appropriate policy measures that also factor in the requirement of ensuring… Continue reading RBI task force against Indian banks dealing in offshore NDF rupee market