India gets its first online corporate treasury solution

Reliance Industries the first to transact on Standard Chartered''s system.

One month after the launch of its Indian On-line Treasury platform, Standard Chartered has concluded the first transaction - a foreign currency forward deal with Reliance Industries as the counter party. 

Alok Agarwal, treasurer at Reliance Industries Indias largest private sector enterprise - says that while they are in a bit of a trial mode with the system he was very keen to begin using the first online forex trading platform available to Indian companies. The benefit...

To continue reading, please login or register for free

Click for more on: india | gets | first | online | corporate | treasury | solution

Print Edition

FinanceAsia Print Edition