Archive · 19 Jun 2025
Stanchart Disputes Derivative Sales Lapses Amid RBI Scrutiny
The Reserve Bank of India (RBI) is looking into how Standard Chartered bank sells certain financial products to businesses.
Some news reports say the bank may have made mistakes in this process.
Standard Chartered says it follows all the rules and only sells these products to clients who are allowed to buy them.
The RBI is making sure everything is done correctly to keep the financial system safe.
Standard Chartered denies lapses in derivative sales.
RBI is scrutinizing Standard Chartered Plc for issues in derivative sales.
The review follows sales of target redemption forwards to SMEs.
The Bloomberg report states buyers were not adequately informed of risks.
Standard Chartered offers structured products only to eligible clients.
- Who
- The Reserve Bank of India (RBI) and Standard Chartered Plc.
- What
- RBI is investigating Standard Chartered over derivative sales.
- When
- The review is ongoing.
- Where
- India.
- Why
- To ensure compliance and the soundness of the financial system.
RBI Concerns
Standard Chartered Response
Risk Disclosure
RBI Concerns
Buyers were not adequately informed about risks.
Standard Chartered Response
Standard Chartered maintains the highest levels of compliance.
- Bank Under Scrutiny
- Standard Chartered Plc
- Regulatory Body
- Reserve Bank of India (RBI)
- Issue
- Lapses in derivative sales
- Product in Question
- Target redemption forwards
