FBIL and its responsibilities for all the aspects related to the benchmarks it issues
Financial Benchmarks India Pvt. Ltd. (FBIL) was jointly formed by Fixed Income, Money Market and Derivatives Association of India (FIMMDA), Foreign Exchange Dealers’ Association of India (FEDAI) and Indian Banks’ Association (IBA), was incorporated in December 2014 as a private limited company and had commenced operations in February 2015. It develops and administers benchmarks relating…