MNCs can hedge in India with tri-partite agreements
Restrictions on hedging are eased, but multinationals must come to an agreement that brings together an Indian bank, the MNC's Indian subsidiary and its own treasury function
As of March, multinational corporations (MNCs) can hedge in India by entering a tri-partite agreement with an Indian bank and the company in question's Indian subsidiaries.
“This agreement will include the exact relationship of the Indian subsidiary...
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