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Hello they said now Morgan here is a group chief executive officer or crazy consulting and also a venture capitalist, and today we are going to cover a video about the central bank who is the most innovative central bank of the globe we are not talking we are talking about none other than the Reserve Bank of India, so we are today able to talk about the master circular being produced by Reserve Bank of India which covers the, although it's a draft master circular, but we very well understand that the Reserve Bank of India draft is almost finalized in this draft massive supply of several pages we are going to tell you that what are the interpretation issues of the Treasury Consulting Group as well as the master circular is concerned this video might be or 35 to 40 minutes video but in this video you will get to know that how exactly you know in this master circular that there are lots of loss which there they are in the master circular how can you expect the Central Bank of the Central Bank of India to have a master circular in the public domain with so many floors now let's have to go one by one the first flowing the master circular that it is not paged you can maybe will see that I am using the pen page number one two three four like that how can you issue a master circular in the public domain which do not have the page numbers the boss you are the Central Bank of India, and you're claiming to be at 10 trillion dollar the economy by 2025 god knows whether you would be 10 trillion or 1 trillion dollar economy by 2025, but you are launching a massive circular in which there are no pages so first thing which I have to do is to write down the pages here 1 2 3 4 5 6 7 8 7 8 this is this shows where exactly is the strength of Reserve Bank of India where actually we stand you know but yes don't worry we will be turn out to be the Lenten in northern economy from by 2025 now let's start the functional part of it as you know that I serve as a corporate treasurer for and in this world physical treasure I handled on almost the group level to restrain now I will let you know what is the strength of our being now gone to the page number three you can see that I fought in phase number three using my pen in this piece number three Reserve Bank of India is saying that there are only four kinds of exposures one is anticipated exposure contracted hedging and users in fact users is not there, so there are three kinds of exposes anticipated contracted and hedging I would like to check from Reserve Bank of India that India in India we have multiple companies like Cipro SEL TCS cognizant cap Germany Accenture sapient multiple IT and IPS company information technology enabled services IPS multiple IT and IPS companies are there they are hatching their exposure using forecasted explosive we're even understood that or that IT contracts are out for six months eight months they are for longer term eight here ten years sometimes more than 10 you've also competent is a...
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