*  *  *  The speaker acknowledges the contributions of Shri Himansu Mohanty of the Reserve Bank of India. The speaker also acknowledges the inputs from Shri. Sudarsana Sahoo of the Reserve Bank of India. 1. Prof. Sesha R. Iyer, Prof. Suresh G Lalwani, Prof. Ranjit Pattanaik and learned panellists & invitees.
I am happy to be here today on the occasion of the Finance Conclave 2015 on “Indian Derivatives Markets – Striking a Balance between Risk Protection and Liquidity” organized by the SP Jain Institute of Management & Research and share some of my thoughts on the dynamics of derivatives in the Indian context. 2.