Photo of Abhishek Khatri

Senior Associate in the Finance Practice at the Mumbai office of Cyril Amarchand Mangaldas. Abhishek advises on project finance and structured finance transactions. He can be reached at abhishek.khatri @cyrilshroff.com

A transition away from LIBOR – What it means for ECB lending in India

LIBOR may be the most popular acronym in the international financial markets, and rightfully so. It has for decades been the benchmark rate adopted worldwide for financial transactions ranging from loans, bonds and derivatives. Often touted as the ‘world’s most important number[1], it first made its appearance in 1969 and has since then established itself as the go to reference rate for all things money.
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