RBI’s Sharma laments failure of derivatives markets in India

reserve-bank-of-india-pic-2

India's tightly regulated financial markets served the country well as the global financial crisis hit. The operations of Lehman Brothers were effectively ring-fenced from the failed security dealer's global operations and Indian investors had relatively little exposure to complex investment products, such as synthetic collateralised debt obligations.

But the country's cautious stance on regulation appears to have come at a cost, with even basic hedging markets failing to develop in the South

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: