Global Markets Group
- Bespoke solutions for financial risk management and capital markets access.
Our strategy is led by what clients want > Backed by an integrated product offering > Delivered through a broad branch network
Global Markets Group delivers innovative product solutions across foreign exchange, interest rates and debt capital markets. Our goal is to create value for our clients. There is more than one solution to risk management, and we strive to find the one that best suits you. We are committed to servicing through focussed engagement and seamless execution helping clients manage risk and capture opportunities in a dynamic global landscape.
Global Markets Group has Strategic Sales teams, each with a clear responsibility for managing a distinct client segment. Our client-centric model streamlines product delivery and commitment times. With experience in providing hedging solutions across client segments and sectors, GLOBAL MARKETS GROUP has the capacity to provide local and global execution capability for complex cross-border deals.
- We offer risk management solutions across multiple asset classes including Foreign exchange and Interest Rates.
- We are a Category I Authorized Dealer with the Reserve Bank of India and registered as a Trading cum Clearing Member with the National Stock Exchange of India
- We help identify uncertain FX exposure and develop a treasury framework to systematize risk management for client business.
- Our dedicated sales teams, present in 12 locations across India, are oriented towards distinct client segments basis scale and nature of operations. This allows us to combine industry insights and financial market knowledge to evaluate currency risk exposure and implement customized risk mitigation strategies.
- We provide quotes for Cash, Tom, Spot and Forwards in 20 currencies Click here.
- We also offer Non Deliverable Forwards in various currencies including INR to our clients to meet their hedging requirements
- We offer uninterrupted access to FX markets across the globe at competitive rates and provide coverage during key economic events.
- We are committed to keeping clients abreast of the latest news, markets updates and regulatory changes in financial markets through regular market commentaries and other engagement channels to enhance risk management decisions.
- Vanilla options
User has a right but not obligation to buy or sell currency at a particular rate on a specified date. Call (for Importers) or Put (for Exporters) options - Cost reduction options
Corporates meeting few eligibility requirements can customize option structures such as Seagulls and Range Forwards. These structures involve buying and selling of Vanilla options which allows for risk participation in a controlled manner. - Cross Currency Swaps
Cross-currency swaps are used to shift liabilities (loan principal and/or interest) from one currency to another. Corporates may undertake Full-currency swaps (Principal & Interest) or partial swaps such as Principal-only swaps or Coupon-only swaps depending on the requirement. - LTFX
Long tenor forwards or LTFX, are forwards beyond duration of one year. - Structured Derivatives
These products provide customizations on trade parameters like payment structures, expiry dates, strike prices, payoff determinations etc. which enable clients to tailor their hedges to more specific requirements.
- Interest rate Swaps
These swaps may be undertaken to convert floating-rate liability to a fixed-rate liability or vice-versa. - INR Overnight Indexed Swap (INROIS)
An INR Overnight Index Swap (INROIS) is a rupee interest rate swap agreement where a fixed rate is swapped against FBIL Overnight MIBOR rate for an agreed period.
These are extensively used by Corporates and Banks to manage interest rate risk by swapping floating-rate rupee liability to fixed-rate or vice-versa.
The bank offers both Deliverable and Non-Deliverable OIS contracts to clients. - Interest Rate Caps and Collars
Caps and Floors and their composition Collars are essentially Options used to hedge interest rate risk.
Cap – A borrower with a floating-rate liability can buy a Cap for a particular fixed-rate. This protects the borrower against adverse rate fluctuation beyond the specified Cap rate while allowing the benefit of favourable rate movement. Step-up Caps and Corridors are customized versions of Caps.
Floor – A lender with a floating-rate asset can buy a Floor for a particular fixed-rate. The lender will benefit if the floating-rate falls below the Floor rate and will receive the interest rate differential.
Collar – A Collar is a combination of a Cap and a Floor (Put option on interest rates). The purchaser of a Collar will buy a Cap and simultaneously sell a Floor effectively creating an upper bound and lower bound for the floating rate liability. A borrower with a floating-rate liability can purchase a Collar to protect against adverse rate fluctuation while reducing the premium payable (vis-à-vis Cap). - Swaptions
Swaptions are Options on an interest rate swap like INR OIS. Clients can enter into an option which gives a right to pay or receive a fixed rate against a floating benchmark index for a particular swap.
We facilitate client trading in standardized financial contracts, such as currency futures and options (F&O) on NSE and BSE. The client is required to place upfront margin with the Exchange.
The advantages of exchange-traded derivatives are numerous –
- Standardized specifications
- Small lot size – suited to retail users
- Transparency – prices can be viewed on exchange website
- Margin-based – limited loss
We provide end-to-end solutions to clients looking to tap the debt capital market for raising short-term and long-term funds.
Our services include
- origination,
- structuring,
- placement of debt securities, across various regulated investor segments.
We help optimize your fund raising activity in compliance with the governing laws and regulations as well as help identify intermediaries for partnering in the fund raising and related corporate actions.
We are an authorized agency (since 2002) appointed by RBI to import precious metal in India. We import physical bullion on consignment basis from London Bullion Market Association (LBMA) accredited international bullion suppliers for sale to customers on outright basis. We ensure competitive pricing and easy and immediate availability of Gold & Silver at all metros and major centres.
Our in-house senior economist provides in-depth research, economic analysis, strategic outlook and timely forecasts on the Indian economy and both local and global financial markets.
- Our proprietary online deal-booking platform, Fast Forex, can be accessed by our customers to view live market rates and book deals electronically.
- Clients can book cash/ tom/ spot deals in various currencies.
- Prompt deal execution without the need to call Branch/Dealing room.
- For more details, contact us at askgmg@indusind.com
- Reserve Bank of India (RBI) in its ‘Statement of Development and Regulatory Policies’ dated October 4, 2017, had stated the need for market-based, transparent pricing access for Retail users. Clearing Corporation of India (CCIL) has facilitated this through a web-based order-matching trading platform, FX Retail.
- FX Retail is an online platform for anonymous, order-based dealing in USDINR (Cash/Tom/Spot).
- Buyers and sellers can view live market rates and place orders, which will be matched automatically based on price-time priority.
- IndusInd Bank will act as the settlement bank for the customer and will process the transaction upon deal ticket generation.
- Register for FX Retail by visiting https://www.fxretail.co.in/#/login. Select IndusInd Bank as the Relationship Bank and provide relevant details.
- For more information, visit www.ccilindia.com
- The bank is streaming live prices on Reuters multibank platform FXall to enable clients book deals electronically
- Prices are available in USDINR and major cross currency pairs
- Prompt deal execution for large ticket transactions
- For more details, contact us at askgmg@indusind.com
ASIAMONEY FX Survey 2021
IndusInd Bank was adjudged as the Market Leader, India in ASIAMONEY Foreign Exchange Survey 2021