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MIFOR
You Searched For "MIFOR"
Business
RBI directs adoption of Alternative Reference Rate by July 1 to replace LIBOR and MIFOR
RBI has set a July 1 deadline for banks and financial institutions to adopt a widely accepted Alternative Reference Rate, such as the Secured Overnight Financing Rate (SOFR), to replace the scandal-hit London Interbank Offered Rate (LIBOR) and Mumbai Interbank Forward Outright Rate (MIFOR)
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13 May 2023 10:37 AM GMT
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