Derivatives: StanChart under RBI lens | Dununu.com : Circle of Life...

Dununu.com Dununu

Commandité

Derivatives: StanChart under RBI lens

RSS Feed Business

Posté

62

Standard Chartered is under the Reserve Bank of India's (RBI) examination due to identified deficiencies in its risk management procedures and irregularities in the sale of derivatives. The concerns were raised after sales of target redemption forwards to small and medium enterprises, where buyers were allegedly not fully informed about potential risks, leading to scrutiny of the bank's processes.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of the day in Nepal, including...

Par 0 2

Digital arrest: Retired Mangaluru woman loses Rs 3.09 crore pension; online scammers pose as postal officials

Par 0 4

Self-reliance at sea: Navy to commission Udaygiri, Himgiri on 26 August; Project 17A's indigenous stealth frigates to join fleet together

Par 0 5

Congress leader Anand Sharma resigns as chairman of AICC Foreign Affairs Department

Par 0 5

‘Move out immediately’: Cuomo urges Mamdani to surrender rent-stabilised apartment; accuses of taking housing from needy despite being ‘very rich’

Par 0 14