The Securities and Exchange Board of India is considering taking action against asset management companies that are transferring assets from one mutual fund scheme to another at unfair valuations.
The Securities and Exchange Board of India has directed stock exchanges and key market entities to implement a new framework to protect the securities market from cyber threats within six months.
India is considering changes to its foreign exchange regulations to attract greater foreign capital inflows to Alternative Investment Funds.
India’s Forward Markets Commission has shortened the evening session for agricultural commodities by two hours and delisted four contracts.
SEBI will soon issue a new set of guidelines to govern outsourcing by stock exchanges and other key entities.
The Reserve Bank of India said it will allow a new type of non-banking financial company which can act as an account aggregator to enable customers to see all accounts across multiple financial institutions in a common format.
The Securities and Exchange Board of India is working on rules to strengthen regulation of algorithmic trading and create a level playing field for investors.
India’s capital markets regulator has come down heavily on mutual fund players over the higher agency commissions they charge from customers, warning of punitive and corrective actions.
The Pension Fund Regulatory and Development Authority is collecting information on unregulated pension funds, with the aim of bringing them under regulatory oversight.
Indian Banks are having a difficult time restructuring debt in spite of new rules the Reserve Bank of India has put forward to help them.