Finance
Mr. ManagerRBI Unleashes Forex Risk Capital Challenge on Banks Daily
Ladies and gentlemen, the RBI has unleashed a financial thunderstorm! Banks must now juggle their forex exposure like circus performers, maintaining capital for foreign exchange risk every single day! With some positions getting a free pass, will they rise to glory or face a financial meltdown? The arena is set, and the stakes couldn't be higher!
few days ago | Anjali Kumari
Quick rundown
1.RBI proposes changes to forex risk calculations.
2.Banks to maintain forex risk capital daily.
3.Certain positions excluded from forex risk capital.
4.Long-term foreign currency investments can be excluded.
5.Exchange rate movements impact capital adequacy.
