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Bhaskaran Committee report on Financial Benchmarks

Posted @ January 4, 2014, 12:54 am under (TAX - GENERAL)

Draft report up for suggestions - suggests increased role for RBI in benchmark oversight.

- Mumbai Inter-Bank Bid Rate - Mumbai Inter-Bank Offer Rate (Mibid-Mibor), currently decided by polling method - suggested to convert to  Weighted Average of morning trades

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