YES Bank allegedly made selective disclosures regarding its asset quality, and did not disclose regulatory breaches identified by the RBI.
Six entities from the first cohort on retail payments have exited the sandbox. The second cohort on cross-border payments is commencing testing this month.
The PayNow-UPI linkage will be implemented in July 2022, enabling faster and lower cost fund transfers between Singapore and India.
UCO Bank is no longer in breach of the PCA parameters based on its latest results. Only Indian Overseas Bank and Central Bank of India remain under the PCA framework.
Eight banks have joined the account aggregator network, which enables consumers to share financial data with third parties in a safe and secure manner.
The revised position limits apply to domestic clients, NRIs, and Category II FPIs that are individuals, family offices, and corporates.
Stock exchanges may choose to offer T+1 settlement on any scrip, after providing the market advance notice of at least one month.
SEBI has clarified that asset managers should disclose scheme "risk-o-meters" in all disclosures including promotional material from 1 October.
New circular covers eligibility criteria, validation for accreditation, the procedure to avail benefits linked to accreditation, and flexibility for investors to withdraw consent.
The move will enhance access for non-resident investors and facilitate the inclusion of Indian G-secs in global bond indices.
Loading more posts...
Sorry, no more posts
No more pages to load