Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
OptiPlex 7020 i5-14500T MFF Buy Now
COOFANDY Waffle Knit Hoodie Buy Now
COOFANDY Men's Linen Shirts Buy Now
Ultra Cotton Long Sleeve T-Shirt Buy Now
Casio MDV106 Diver's Watch Buy Now
Bulova Precisionist Icon Watch Buy Now
Softshell Flight Bomber Jacket Coat Buy Now
Columbia Women's Freezer Tank Dress Buy Now
Alicegana Women's Bohemian Sandals Buy Now
Skechers Men's Summits Colsin Slip-In Work Shoe Buy Now
Lenovo Tab M9-2023 - Tablet - Long Battery Life Buy Now
Quay Sunglasses for Women Buy Now
Mommy & Me Pajamas Buy Now
Ascender Softshell Front-zip Jacket Buy Now
Smartwatch: Answer/Make Calls, Fitness Tracked Buy Now
Olive Oil Dispenser Bottle for Kitchen Buy Now
Full-Zip Fleece Lined Hoodie Sports Sweatshirts Buy Now
Polarized Aviator Sunglasses Buy Now
Women's Plaid Shacket Buy Now
Rihero Women's Leather Sandals Buy Now
OptiPlex 7020 i5-14500T MFF Buy Now
COOFANDY Waffle Knit Hoodie Buy Now
COOFANDY Men's Linen Shirts Buy Now
Ultra Cotton Long Sleeve T-Shirt Buy Now
Casio MDV106 Diver's Watch Buy Now
Bulova Precisionist Icon Watch Buy Now
Softshell Flight Bomber Jacket Coat Buy Now
Columbia Women's Freezer Tank Dress Buy Now
Alicegana Women's Bohemian Sandals Buy Now
Skechers Men's Summits Colsin Slip-In Work Shoe Buy Now
MoreBack to News Headlines
ICICI Bank Executes Secured Overnight Financing Rate-Linked Transactions

ICICI Bank Executes Secured Overnight Financing Rate-Linked Transactions

NDTV
Thursday, October 7, 2021 12:38 PM GMT

ICICI Bank said it has executed its first term loan and cross currency swap derivative transactions linked to Secured Overnight Financing Rate.

New Delhi: Private lender ICICI Bank on Thursday announced that it has executed its first term loan and cross currency swap derivative transactions linked to Secured Overnight Financing Rate (SOFR).

The transactions were carried out with a corporate client through the bank's international offices. ICICI Bank said that these transactions indicate its preparedness towards smooth transition from US Dollar LIBOR (London Interbank Offered Rate) to transactions linked to Alternative Reference Rates (ARR).

Earlier in January, ICICI had executed its first interbank money market transaction linked to SOFR, which has been identified as the replacement for USD LIBOR.

Anuj Bhargava, Head - Global Clients Group, ICICI Bank said, "The lender has been actively working with its clients for seamless transition from LIBOR to ARRs. These transactions are just the start of the move towards the ARRs."

Read full story on NDTV
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us