MARKETS

BSE Prices delayed by 5 minutes... Prices as on Apr 20, 2018 - 11:59AM   ABB India 1257 [ 0.64% ]ACC 1571.35 [ -0.18% ]Ambuja Cements Ltd. 246.5 [ -0.30% ]Asian Paints Ltd. 1145.8 [ -1.80% ]Axis Bank Ltd. 507.1 [ -1.25% ]Bajaj Auto Ltd. 2811.95 [ -1.51% ]Bank of Baroda 141.55 [ -2.41% ]Bharti Airtel 396.95 [ 0.51% ]Bharat Heavy Ele 89.4 [ 1.30% ]Bharat Petroleum 372.35 [ -1.38% ]Britannia Ind. 5314 [ -1.44% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 588.2 [ 0.68% ]Coal India Ltd. 285.7 [ 1.01% ]Colgate Palm. 1102.35 [ -0.73% ]Dabur India 353.5 [ -1.05% ]DLF Ltd. 210.2 [ -2.16% ]Dr. Reddy's Labs 2120 [ -0.49% ]GAIL (India) Ltd. 329.75 [ -1.63% ]Grasim Inds. 1086.35 [ -1.60% ]HCL Technologies 1049.3 [ 3.33% ]HDFC 1839.75 [ -1.32% ]HDFC Bank 1945 [ 0.16% ]Hero MotoCorp 3715 [ -0.38% ]Hindustan Unilever L 1451.55 [ -0.19% ]Hindalco Indus. 257.8 [ -2.63% ]ICICI Bank 286.05 [ -1.07% ]IDFC L 53.6 [ 0.00% ]Indian Hotels Co 147 [ -1.38% ]IndusInd Bank 1805.15 [ -1.58% ]Infosys 1174.2 [ 3.66% ]ITC Ltd. 274.4 [ -0.94% ]Jindal St & Pwr 249.35 [ -4.13% ]Kotak Mahindra Bank 1149.05 [ -0.53% ]L&T 1372.95 [ -0.82% ]Lupin Ltd. 794.5 [ 0.56% ]Mahi. & Mahi 798 [ -0.64% ]Maruti Suzuki India 9042.9 [ -0.37% ]MTNL 19.8 [ -1.98% ]Nestle India 9188 [ 0.38% ]NIIT Ltd. 105.75 [ 0.95% ]NMDC Ltd. 122.5 [ -2.04% ]NTPC 176 [ -0.82% ]ONGC 182.3 [ -0.46% ]Punj. NationlBak 93.2 [ -3.02% ]Power Grid Corpo 207.5 [ -0.34% ]Reliance Inds. 925.45 [ -1.68% ]SBI 240.8 [ -2.21% ]Vedanta 304.4 [ -2.34% ]Shipping Corpn. 73.5 [ -3.98% ]Sun Pharma. 504.45 [ -0.85% ]Tata Chemicals 732.25 [ -0.94% ]Tata Global Beverage 285.65 [ -0.16% ]Tata Motors Ltd. 340.8 [ 1.78% ]Tata Steel 604.4 [ -2.60% ]Tata Power Co. 85.8 [ -1.27% ]Tata Consultancy 3378.05 [ 5.87% ]Tech Mahindra Ltd. 680.95 [ 2.35% ]UltraTech Cement 4100.1 [ -0.01% ]United Spirits 3456 [ -0.71% ]Wipro Ltd 297 [ 1.85% ]Zee Entertainment En 588.9 [ -0.48% ]

News Details

You can view in detail.
RBI releases draft directions on hedging of commodity price 12/01/2018 17:11

The Reserve Bank has proposed delegating to clients the decisions regarding the quality and tenor on hedging of commodity prices and freight risk.In its draft directions on the subject, the RBI has also proposed introducing the facility for hedging of indirect price risk for selected metals.Hedging refers to activity undertaken to reduce an identifiable and measurable risk.

"Eligible entities having exposure to commodity price risk for any eligible commodity may hedge such exposure in overseas markets using any of the permitted instruments," the draft said.

The Reserve Bank of India (RBI) has invited comments on the draft directions from banks, market participants and other interested parties by January 31.

It further said that structured derivatives may be permitted to eligible entities who are listed on recognised domestic stock exchanges and fully owned subsidiaries thereof or entities whose net worth is higher than Rs 200 crore, subject to certain conditions.

"All payments/receipts related to hedging of exposure to commodity price risk and freight risk shall be routed through a special account with the bank for this purpose," it said.

The draft directions have also proposed that the bank should keep on its records full details of all hedge transactions and related remittances made by the entity for this purpose.

LOAD MORE