Commodities are usually considered to be in a cyclical industry, and investors who can jump in before an upcycle starts are well placed to make a profit. But the ones who enter in-between have a risky position as the cycle’s duration cannot be determined.
RBI probing banks’ derivatives books amid IndusInd fallout, sources say
India’s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources