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An Indian summer for LIBOR transition

Read time: 2 minutes 50 seconds Over the summer, the Reserve Bank of India (RBI) issued a notice to banks and other RBI-regulated entities, emphasising the need to speed up the transition away from LIBOR. The RBI notice states that banks and financial institutions should not enter into any new LIBOR-related contracts after 31 December … Continue Reading

India – a special situation? The impact of COVID-19 on Indian non-performing assets

Read time: 3 minutes The COVID-19 pandemic has changed, at least temporarily, all facets of society and has had a truly global impact.  The scale of fatalities and the losses suffered by families are truly tragic.  Whilst the impact of the virus from a medical perspective is starting to become clearer, the economic impact of … Continue Reading