India's central bank tightens rules on rupee non — deliverable contracts, widens 20% cash reserve requirement
Oct 12 (Reuters) — The Reserve Bank of India on Monday tightened rules on rupee non-deliverable derivative contracts, limiting overseas clients to using them only for hedging, and widened a 20% cash reserve requirement to banks' own rupee currency hedges. The move is the latest in a slew of measures announced by the ce