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'
TMS startup IBSFINtech – launched by three former bankers as a retirement project – is now looking at expanding outside India with units in Dubai and Singapore
By killing its Excel-based accounting model for FX transactions, the Indian FMCG group has saved both time and the money lost through costly human-based errors.