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RBI Said to Query Bank Valuations of Some Bond Derivative Trades

Newseze Wire·Mon, Nov 9, 7:12 AMWire: Bloomberg Markets
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RBI Said to Query Bank Valuations of Some Bond Derivative Trades

India’s central bank told some lenders they should change the way they account for bond forwards contracts, assets that amount to billions of dollars across the industry, according to people familiar with the matter.

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India’s central bank told some lenders they should change the way they account for bond forwards contracts, assets that amount to billions of dollars across the industry, according to people familiar with the matter. The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Bloomberg Markets.
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