India

Climate Risk

RBI Publishes Paper on Climate Risk, Sustainable Finance

By Manesh Samtani | 04/08/2022

The paper offers guidance for FIs on managing climate risk. The RBI also published results from a survey to assess banks’ readiness to address climate risk.

Trading & Investment

SGX, NSE Formally Launch Trading Link at GIFT City

By Editors | 01/08/2022

NSE IFSC-SGX Connect is ready to trade and clear Nifty equity derivatives for global institutions, with seven SGX members already onboarded.

Trading & Investment

India Launches First International Bullion Exchange

By Editors | 01/08/2022

The exchange is expected to facilitate efficient price discovery; ensure standardisation, quality assurance and sourcing integrity; and help bring more foreign traders to India.

Payments & Settlements

RBI Allows Payment Aggregators Time To Obtain Licenses

By Editors | 31/07/2022

Companies already providing payment aggregator services now would be allowed until 30 September 2022 to submit licence applications

Structural Regulation

SEBI Proposes Rules for Mutual Fund ‘Execution-only’ Platforms

By Editors | 31/07/2022

Operators of platforms offering execution-only services in direct plans offered by mutual funds would have to register with SEBI, AMFI or stock exchanges.

Trading & Investment

SEBI Proposes Regulatory Framework for Online Bond Platforms

By Editors | 28/07/2022

SEBI proposes in a new consultation paper that online bond trading platforms should register as stock brokers or be run by SEBI-registered brokers.

Structural Regulation

India: Fees, Charges Payable to SEBI Now Subject to 18pc GST

By Editors | 26/07/2022

Fees paid by stock exchanges, clearing corporations, depositories, intermediaries and investors in securities markets are now subject to 18% GST.

Liquidity Risk

RBI Imposes Restrictions on Two Cooperative Banks

By Editors | 24/07/2022

The RBI said depositors of the two banks may not with funds, but they may use their deposits to set off loans.

Capital Adequacy

RBI Adopts Four Tier Regulatory Framework for UCBs

By Editors | 24/07/2022

A four-tiered regulatory framework is being adopted for urban cooperative banks based on size of deposits of the banks and their area of operations.