Course Background

With the process of liberalisation initiated in 1991, the Reserve Bank of India has been continuously dismantling controls. Various derivative products have been permitted to facilitate corporates to hedge risks. With the permission granted to banks for offering interest rate swaps, even interest rate risks has become a reality. 

In the light of this development, it is imperative that adequate knowledge be gained on the various products, their methodology for their pricing, the specific uses to which they can be put , etc. This course meets this requirements.

How do Workshop participants benefit ?

At the end of the course, participants will be in a position to conceptually understand the various derivative products, the regulatory mechanism for their uses and the benefits to the corporates by using them. They will also be in a position to understand the pricing methodologies. Consequently they will be in a position to evaluate the pricing quoted and to identify instances where prices charged are unfavourable.