Indian Overseas Bank is required to improve internal controls and deal with mounting non-performing assets.
The Securities and Exchange Board of India has asked asset managers to develop internal credit appraisal systems to assess corporate bond investments in their portfolios, and reduce their reliance on rating agencies.
The Securities and Exchange Board of India has announced a comprehensive risk management framework for national commodity exchanges to bring them on par with the regulations for equity exchanges.
The Securities Appellate Tribunal has asked the Securities and Exchange Board India to scrap and restart the selection process for a self-regulatory organisation for mutual fund distributors.
The Reserve Bank of India will increase the foreign investment limit in central government securities to 5 percent of the outstanding stock by March 2018, including for foreign investors.
The Securities and Exchange Board of India has reportedly issued final norms for traders of commodity derivatives exchanges.
Merger is aimed at streamlining regulations and curbing speculation in the commodities market.
The Finance Ministry has decided to exempt foreign companies from paying the Minimum Alternate Tax if they do not have a permanent establishment in India, in a bid to boost investor confidence.
The Securities Exchange Board of India intends to begin talking to global fund managers about investing foreign pension money in India.
BSE told brokers that it will seek approval from SEBI to launch a commodity segment.