RBI's Rohit Jain Calls Out Public Sector Banks' Forex Shyness

At the FEDAI annual day on August 14, RBI's Rohit Jain pointed out that public sector banks are missing out on the forex derivatives fun, even though they have great connections with smaller businesses. He emphasized that local currencies will be key in future trade, and it's time for these banks to step up their game and help the little guys with currency risk!