Governor Raghuram Rajan expects subsidiary to take shape in the next six to eight months.
The Securities and Exchange Board of India has announced the formation of seven departments for regulating the commodities derivatives market.
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.
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.
Several listed banks have come under the scrutiny of the Securities and Exchange Board and stock exchanges for violations of disclosure norms for listed firms.
The National Stock Exchange of India has started its new incentive scheme for market makers to boost liquidity in exchange traded funds.
The Securities and Exchange Board of India has asked credit rating agencies to suggest ways to avoid rating suspensions if a company stops providing adequate information.
Indonesia’s Financial Services Authority is proposing a draft regulation that will require the country’s most important banks to set aside more capital as a buffer against financial market volatility.
Announcement of reduction in minimum risk weights and an increase in the loan-to-value ratio is a bid to boost demand for low-cost housing.
Stock exchanges and clearing corporations directed to increase their installed capacity for trading, clearing and settlement.