Axis Bank executes first onshore INR non deliverable derivative trade in India

Axis Bank executes first onshore INR non deliverable derivative trade in India

Axis Bank, an Indian private sector bank, has successfully executed its first onshore INR Non Deliverable Derivative trade with a large domestic corporate client based in the southern region. This milestone makes Axis Bank one of the pioneering Indian banks to carry out such a transaction following the recent guidelines issued by the Reserve Bank […]