The British financial regulator is also planning to phase out the London Interbank Offered Rate (LIBOR) that is currently used to price almost $350 trillion of contracts worldwide. (Image: Reuters) ...

All trades having a value of Rs 5 crore and above and a minimum of three trades in each tenor will be considered for calculating the benchmark for each tenor. Financial Benchmarks India (FBIL) has ...

Mumbai, Apr 2 () The Reserve Bank has appointed the Financial Benchmark India Pvt Ltd (FBIL) for valuation of portfolios of government securities, which earlier used to be done by FIMMDA. Mumbai, Apr ...

The government will adopt from July 22 a new method to set the overnight interest rate benchmark that will be based on traded levels instead of contributions from market participants. The method, ...

New Delhi, Mar 31 (PTI) Financial Benchmarks India Pvt Ltd (FBIL) has assumed the responsibility for administering valuation of government securities with effect from today. Earlier, this was done by ...

However, banks can link loans to other segments of borrowers as well, RBI said. To be sure, banks have already started linking their lending rates to an external benchmark. Among these are public ...

In its endeavour to introduce a new benchmark that will provide a risk-free reference rate for the money market, Financial Benchmarks India (FBIL) on Monday said it has developed the FBIL-Market Repo ...

fbil+rate Rediff.com search All public sector banks have moved to such a regime voluntarily, while private banks are yet to. The state-run banks have introduced repo-linked products for floating-rate ...

fbil+rate+of+exchange Rediff.com search The Reserve Bank of India (RBI) has announced a dollar-rupee two-year sell-buy swap auction for $5 billion on March 8, which will suck out rupee liquidity from ...