Conclusion based on surveillance assessments and engagement with HK, Singapore regulators.
Regulator could eventually limit total expense ratios to 1.5 percent.
Deputy governor says orderly market exits for financial institutions should be encouraged.
Protocol covers transmission of MiFID II transaction reports to approved mechanisms.
Singapore regulator will also create new enforcement unit, drawing in staff from different divisions.
Indian banks can convert up to half of loans held by corporate borrowers into securities.
Regulator says 56 businesses have offered illegal investments in commodities, forex and gold.
SEBI will also loosen REIT investment, sponsor, offer size and related-party transaction rules.
Regulator to continue with strict oversight, strengthen action on restructuring, M&A manipulation.
Move will end strict capital repatriation requirement in place for six decades.