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Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. Many more financial and investment institutions emerged at national and state levels e.g. LIC, RCI (Refinance Corporation for Industry), Industrial Development Bank of India (IDBI), Unit Trust of India (UTI), State Industrial Development Corporation (SIDC) etc. over the years.

In distinction, over-the-counter derivatives are traded privately and are tailor-made to meet the needs of every celebration, making them less transparent and far more troublesome to unwind. Most derivatives are traded over-the-counter (OTC) on a bilateral foundation between two counterparties, such as banks, asset managers, firms and governments. These professional traders have signed documents in