Amendments align certain aspects of the Banking (Capital) Rules more closely with the relevant Basel III standards.
Governor Raghuram Rajan expects subsidiary to take shape in the next six to eight months.
Paper provides examples where regulators can deal with issue of consumer protection without need to take stance on Shari'ah matters.
The Securities and Exchange Board of India has announced the formation of seven departments for regulating the commodities derivatives market.
Global banking regulators are not looking to raise the level of capital overall in the banking sector as political support for more new rules wanes.
The Australian Prudential Regulation Authority will seek stronger powers to help it prevent distressed banks from collapsing.
The Australian Prudential Regulation Authority is stepping up its attention to superannuation fund governance with increased attention to liquidity management and stress testing.
The Securities and Exchange Board of India has issued a comprehensive risk management framework for regional commodity derivatives exchanges, to be implemented by April 1, 2016.
Malaysia’s extension of Basel III capital adequacy requirements to financial holding companies will affect most major banking groups.
The Reserve Bank of India has suggested for newly-licensed payments banks to share infrastructure among each other in a bid to minimise costs and enable greater financial inclusion.