A letter from a whistleblower at Deloitte's local India unit has triggered a malpractice investigation into its role as auditor for the troubled IL&FS group.
The National Payments Corporation of India is soliciting interested partners to build a blockchain-powered digital payments platform for the country.
In line with January circular from SEBI, BSE India has asked stock brokers to submit their cybersecurity compliance reports for the Jan-Mar quarter.
New norms have been issued by India’s regulator on computing risk-based capital and net worth requirements for clearing corporations.
The RBI plans to speed up customer complaint processing and redressal times across all domestic payment platforms by end-June.
The RBI has deferred a requirement for banks to link loan rates to external benchmarks, citing difficulties the change presents to banks' interest rate risk management.
Under draft rules, non-resident retail investors can hedge through interest rate derivatives; non-retail investors can participate for other specified purposes.
The central bank will have to issue a revised circular for banks on bad debt resolution after a February 2018 circular was invalidated by the Supreme Court this week.
The RBI has issued a notice on its large exposures framework, which is now in effect, clarifying that non-cleared derivatives will be considered outside its remit for another year.
A consultation proposes the creation of a nomination committee comprising external experts to recommend a self regulatory organisation for mutual fund distributors and advisers to curb mis-selling.