MARKETS

BSE Prices delayed by 5 minutes... Prices as on Jan 23, 2018 - 3:10PM   ABB India 1644.7 [ 2.95% ]ACC 1792.8 [ -1.98% ]Ambuja Cements Ltd. 264.05 [ -1.77% ]Asian Paints Ltd. 1167.6 [ -0.77% ]Axis Bank Ltd. 618.3 [ 1.19% ]Bajaj Auto Ltd. 3287.05 [ 0.46% ]Bank of Baroda 172.7 [ 4.67% ]Bharti Airtel 492.1 [ 0.49% ]Bharat Heavy Ele 104.35 [ 0.00% ]Bharat Petroleum 479.25 [ 2.23% ]Britannia Ind. 4740.6 [ 0.77% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 620.2 [ 3.18% ]Coal India Ltd. 292.2 [ 2.76% ]Colgate Palm. 1150.95 [ -1.74% ]Dabur India 362 [ -0.32% ]DLF Ltd. 261 [ 3.76% ]Dr. Reddy's Labs 2519.25 [ 1.11% ]GAIL (India) Ltd. 468.1 [ 2.41% ]Grasim Inds. 1225.1 [ -1.02% ]HCL Technologies 995 [ 2.88% ]HDFC 1880.7 [ 0.35% ]HDFC Bank 1950.55 [ -0.67% ]Hero MotoCorp 3630 [ 0.75% ]Hindustan Unilever L 1363.2 [ 0.45% ]Hindalco Indus. 265.3 [ 4.00% ]ICICI Bank 362.25 [ 3.12% ]IDFC L 58.25 [ -0.26% ]Indian Hotels Co 157 [ 4.08% ]IndusInd Bank 1720.85 [ 2.25% ]Infosys 1174.65 [ 2.12% ]ITC Ltd. 276.1 [ 1.01% ]Jindal St & Pwr 291 [ 10.37% ]Kotak Mahindra Bank 1074.55 [ 0.30% ]L&T 1405 [ 0.43% ]Lupin Ltd. 936.55 [ 0.75% ]Mahi. & Mahi 765 [ 0.68% ]Maruti Suzuki India 9374.8 [ 0.73% ]MTNL 26.35 [ 0.96% ]Nestle India 7603 [ -0.73% ]NIIT Ltd. 108.5 [ -0.87% ]NMDC Ltd. 149.5 [ 3.71% ]NTPC 172.5 [ 0.09% ]ONGC 206.55 [ 3.30% ]Punj. NationlBak 185.75 [ 5.66% ]Power Grid Corpo 195.8 [ 0.41% ]Reliance Inds. 980.75 [ 0.98% ]SBI 318.4 [ 3.97% ]Vedanta 343.25 [ 5.10% ]Shipping Corpn. 87.8 [ -2.34% ]Sun Pharma. 579.45 [ 0.55% ]Tata Chemicals 735.45 [ 0.18% ]Tata Global Beverage 307.45 [ -0.57% ]Tata Motors Ltd. 417.85 [ -0.88% ]Tata Steel 777.05 [ 3.32% ]Tata Power Co. 92.55 [ 0.71% ]Tata Consultancy 3099.9 [ -0.43% ]Tech Mahindra Ltd. 588.25 [ 3.28% ]UltraTech Cement 4371.65 [ 0.96% ]United Spirits 3765.65 [ -0.40% ]Wipro Ltd 315.3 [ -1.71% ]Zee Entertainment En 595.65 [ -2.22% ]

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