Revised Position Limits for Trading Member (Banks) in Exchange Traded USD:INR derivative contracts

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..... 1. SEBI Circular No. CIR/DNPD/5/2010 dated July 30, 2010, inter alia, provides for position limits applicable for USD:INR derivatives contracts wherein Annexure II, para-3 of page 5 stipulates the norms applicable to Trading Member (Banks). 2. Your attention is drawn to RBI Circular No: RBI/2011-12/569 dated May 21, 2012 on 'Risk Management and Inter-bank dealings'. The Circular, inter al .....

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