Search For "libor"
DBS Bank India completes maiden active loan switch ahead of LIBOR transiti
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 27 (ANI/PRNewswire): In a bid to proactively adapt the new risk-free benchmarks on existing loans and derivatives, DBS Bank India has announced the first active transitioning of an existing loan and derivative to new reference rates.
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RBI issues advisory to banks emphasising need for preparedness for transit
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) on Thursday issued an advisory to banks and other RBI-regulated entities emphasizing the need for preparedness for the transition away from the London Interbank Offered Rate (LIBOR).
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Volody launches contract management software to support LIBOR transition
Updated : 5 years, 5 months ago IST
New Delhi [India], October 12 (ANI/NewsVoir): Despite the economic disruption of COVID-19, the clock is ticking toward the end of 2021, when the London Interbank Offered Rate (LIBOR) is slated to conclude.
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Centre, ADB ink $120mn loan agreement to improve rail infrastructure
Updated : 8 years ago IST
New Delhi [India], Mar. 17 (ANI): The Centre and the Asian Development Bank (ADB) signed a loan agreement to the tune of USD 120 million for the completion of works for double-tracking and electrification of railway tracks along high-density corridors to improve operational efficiency of Ind
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