*Source: The contents are taken from Reserve Bank of India (www.rbi.org.in) from Master Circular on Risk Management and Inter-Bank Dealings.
1 A European option may be exercised only at the expiry date of the option, i.e. at a single pre-defined point in time.
2 SME as defined by the Rural Planning and Credit Department, Reserve Bank of India vide circular RPCD.PLNS. BC.No.63/06.02.31/2006–07 dated April 4, 2007.