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The Reserve Bank of India has extended the timeline for full implementation of the Basel III capital regulations by a year to March 31, 2019.(

March 28, 2014 8:56 IST | India Infoline News Service
Finance Minister P Chidambaram came down on Switzerland for not honouring the terms of the double taxation avoidance convention (DTAC) between the two countries and denying access to information on Swiss bank accounts held by Indians.(BL)

The Reserve Bank of India has extended the timeline for full implementation of the Basel III capital regulations by a year to March 31, 2019.(BL)

The RBI has relaxed some of the restrictions relating to hedging of currency risk of probable exposures of exporters and importers. This will give them greater operational flexibility.(BL)

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