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O Settle Non Deliverable Foreign Exchange Derivative Contracts Nddcs Using The Indian Rupee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

RBI allows International Banking Units in Gujrat s GIFT City to settle NDDCs in INR | Indiablooms - First Portal on Digital News Management

Mumbai: The Reserve Bank on Tuesday allowed international banking units (IBUs) located in GIFT City, Gujarat, to settle non-deliverable foreign exchange derivative contracts (NDDCs) using the Indian rupee.

International financial services centreBanking unitsNon deliverable derivative contractsUmbai the reserve bank on tuesday allowed international banking units ibus located in gift cityO settle non deliverable foreign exchange derivative contracts nddcs using the indian rupee

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