Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
The RBI will let non-residents participate in the interest rate swap markets, introduce a mandatory loan component in working capital finance and allow rupee 'swaptions'
India's 200-basis-points commercial rates hike last month forced cash-strapped companies to start borrowing at shorter tenors. Those lucky enough to be cash-rich are being offered juicy deposit rates as banks plug ...