ADVERTISEMENT
As Libor End Nears, Indian Lenders And Firms Have Many Hoops To Jump Through
How well prepared is India to make the transition away from Libor?
29 Apr 2021, 04:03 PM IST
As the deadline for phasing out London Interbank Offered Rate nears, Indian banks, non-bank lenders and corporates are finding themselves at different stages of transition.While some have started work to meet the December-end deadline, others are yet to begin the process. A majority are in the initial stages of shifting existing and new contracts to alternative reference rates that will replace Libor.“Barring a few large banks that a...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT