Financial Benchmarks India

Company Overview

The FBIL, jointly owned by FIMMDA, FEDAI and IBA, was formed in December 2014 as a private limited company under the Companies Act 2013 to develop and administer benchmarks relating to money market, short term government securities and foreign exchange in India. The purpose to develop and promote India specific benchmarks as a replacement for LIBOR FBIL is responsible for all the aspects relating to the benchmarks to be issued by it, namely, collection and submission of market data and information including polled data, formulation, adoption and periodic review of benchmark calculation methodologies, calculation, publication and administration of benchmarks confirming integrity, transparency and precision.

Type of business

Region
Asia/Indian Sub-Continent

Specialisation
Reference Data/Benchmarks

Corporate Details

Date of Update	Unknown
Headquarters	Bombay, Maharashtra, India
Established	2014
Market Cap US$	654,000 (Authorised Share Capital)
Revenue US$	708,000
Employees	>100
Ownership	FIMMDA (76%), FEDAI (14%) & IBA (10%)
Management	Chief Executive Officer: Rudra Narayan Kar Director: Himadri Bhattacharya Director: Dr Anand Srinivasan

Website Analysis

URL	https://https://fbil.org.in
Alexa Rank	179,614
Type	Unknown
Client Case	Reference Data/Benchmarks
Coverage	India
Asset Classes	Unknown
Trading	Unknown
Terminals	Unknown
Feeds	YES
Analytics	Unknown
Compliance & Risk	Unknown
Indices & Benchmarks	YES
Reference Data	YES
Economic Data	Unknown

Key Products & Services

Benchmark Data: Overnight MIBOR, Market Repo Overnight Rate (FBIL/MROR), Term MIBOR, Reference Rate, Forward Premia Curve, MIFOR Curve, Treasury Bills, Certificates of Deposit, MIBOR/OIS, FC-Rupee Options Volatility Matrix & G-Sec Valuation Market Data: Price data, and historical reference data Publications: Monthly newsletters and Thematic Studies