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Indian NBFCs Need To Plan for an Effective Transition of Inter-bank Offered Rate -IBOR: EY

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India s non-banking finance companies (NBFCs) need to plan for an effective IBOR (inter-bank offered rate) transition, as majority of LIBOR (London inter-bank offered rate) rates are likely to be phased out by the end of 2021, EY India report said.

In financial parlance, LIBOR refers to one of the most common series of benchmark rates referenced by contracts measured in trillions of dollars across global currencies.

This is an opportune time for NBFCs to develop LIBOR transition plans and proactively communicate with regulators, investors, lenders, customers and other counterparties, Sandip Khetan, partner and national leader, financial accounting advisory services (FAAS), EY India was quoted as saying in a statement. ....

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Detailed text transcripts for TV channel - MSNBC - 20161110:23:19:00

Office. not-so-implicit of president clinton. yet, president clinton tried to fulfill his constitutional responsibilities. president george w. bush did the same for president-elect obama. president-elect obama on the campaign trail was harshly critical of the previous administration. but president bush did not allow his personal pique or his disagreements with then the president-elect obama to affect his ability to preside over a very successful, effective transition. president obama s committed to doing the same thing. and yes, that does require him to set aside his own personal views. but when it comes to the functioning of our democracy, even the president of the united states has to set aside his own personal views to ensure the success of our country. josh, in just a few weeks, you ll be signing a giant network tv political analyst contract, i assume. so let s audition right now. why did hillary clinton lose? well, here s the i think it s going to take a while to figure that ....

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