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Porus Mistry ‘s Updates : Interest Rate Swaps (IRS) in India
ReplyDeleteInterest Rate Swaps are nascent in India. The market deepened only after RBI allowed corporate
and mutual funds to participate in the market sometime in late 1999. Unfortunately the market has
not seen too much development and activity has been restricted between a handful of foreign and
private sector banks and a few large corporate. The shallowness of the market is also evident in the
wide prices that prevail in the market.
Staffing Venturez