In a move to modernize foreign exchange operations, the Reserve Bank of India is looking to provide authorized entities with greater latitude. This includes new hedging strategies, improved balance sheet management techniques, and the facilitation of market-making roles.
source https://timesofindia.indiatimes.com/business/india-business/rbi-drafts-new-norms-to-ease-forex-hedging-market-making-rules/articleshow/128473885.cms
source https://timesofindia.indiatimes.com/business/india-business/rbi-drafts-new-norms-to-ease-forex-hedging-market-making-rules/articleshow/128473885.cms