If you're managing corporate debt or investments, this RBI Master Direction is a game-changer

If you're managing corporate debt or investments, this RBI Master Direction is a game-changer. It significantly expands credit derivatives to include indices and total return swaps. This means robust tools for credit risk management and deeper market liquidity. FPI participation as protection sellers (with limits) will also boost market depth. Expect better price discovery and new avenues for risk management.

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