Are You Ready for the LIBOR to MIFOR Transition?

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InvigoratingObsidian
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What will cease to be published by the Financial Benchmarks India Pvt. Ltd. after June 30, 2023?

Mumbai Interbank Forward Outright Rate (MIFOR)

What is the deadline for the complete transition from LIBOR?

July 1, 2023

What have banks and financial institutions been advised to ensure regarding transactions after June 30, 2023?

To ensure that no new transactions undertaken by them or their customers rely on or are priced using the U.S. Dollar LIBOR or MIFOR

Test your knowledge about the upcoming transition from LIBOR to MIFOR with this informative quiz. Learn about the RBI advisory issued to banks and other regulated entities, and understand the implications of this transition for financial institutions and their customers. Brush up on key terms and concepts related to financial benchmarks and ensure that you're prepared for the changes ahead. Take the quiz now!

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