It can be red faces all round when it comes to debt financing without a healthy dose of ESG. Even in cost-sensitive emerging markets sustainable finance is going mainstream.
The Reserve Bank of India has released futher guidelines around hedging, this time simplifying hedges under US$30 million in a move to improve access for SMEs.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.