PSU banks raising stakes in interest rate derivatives to diversify risk management

PSU banks raising stakes in interest rate derivatives to diversify risk management https://ift.tt/mlxgrSw establishment of a derivatives trading platform by the Clearing Corporation of India (CCIL) in 2015 has played a large role in bringing hitherto reluctant public sector banks into the trading fold for derivatives. A broad push towards defter management of interest rate risk too contributed.