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Banks need to submit report on Hedging of Commodity Price Risk and Freight Risk in XBRL format: RBI

January 16, 2020
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The Reserve Bank of India (RBI) has amended the hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions 2018 wherein para 10 has been amended. Now, it has been specified that the banks need to submit report to RBI in XBRL format instead of an e-mail.
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