Ban relates to accounting fraud at software exporter Satyam Computer Services, where PwC was auditor.
Aadhaar throwing up issues around data security even as financial benefits of the nation-wide biometric identification system are unclear.
Individual exchanges will be able to host equity, equity derivative, commodity derivative, currency derivative, interest rate future and debt instruments.
Securities regulator increases net worth requirement for agencies, requires separate legal entities for ‘non-core business’.
Greater RBI oversight and restructuring needed in addition to recapitalisation; High NPAs and problematic corporate balance sheets also pose challenges.
Gross NPAs and asset quality likely to worsen until September 2018 even as capital flows into equity and debt markets remain elevated.
Connectivity between clearing corporations may help reduce clearing and compliance costs, boost capital allocation efficiency and enhance obligation nettings benefits.
Petitioner says central bank, securities regulator refusing to take responsibility for bitcoin regulation by not defining as currency or commodity
Corporate borrowers which do not satisfy LEI requirement will not be allowed any more credit amid continued efforts to clean up bad debt.
Central bank says Aadhar cards must be linked to bank account; proposed credit registry to be open to ‘all stakeholders’.