Finance
Mr. BillionhairRBI’s Bold Move: Banks Must Ace Forex Risk Daily!
Folks, listen up! The RBI is making banks work harder than ever—daily forex risk capital checks! They want banks to keep their forex positions in check, and let me tell you, it’s HUGE! Some positions? No capital charges—fantastic! It’s all about winning, folks! I’ve said it before, and I’ll say it again: we’re making banking great again!
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.
