India

Data Privacy

RBI Issues Eligibility Criteria for Use of Credit Information Services

By Sanday Chongo Kabange | 07/01/2022

More entities will become eligible to tap credit information disseminated by CICs, which observers say will benefit digital lenders and neobanks.

Structural Regulation

SEBI Finalises Tighter Rules on Use of IPO Proceeds

By Editors | 06/01/2022

Anchor investors can only sell 50 percent of their allocated shares after 30 days. The remaining portion has a 90-day lock-in period.

Trading & Investment

RBI Introduces New Market Making Scheme for G-sec Market

By Sanday Chongo Kabange | 06/01/2022

The market-making scheme will ensure quotes are available to retail investors using the RBI Retail Direct Scheme to buy and sell G-secs.

Capital Adequacy

RBI Publishes List of Indian D-SIBs for 2022  

By Editors | 05/01/2022

SBI, ICICI Bank and HDFC Bank continue to be identified as D-SIBs, under the same bucketing structure as in the 2020 list.

Payments & Settlements

RBI Issues New Framework on Offline Digital Payments

By Mark Johnston | 05/01/2022

Offline digital payments are expected to benefit areas with weak internet or telecom connectivity, particularly semi-urban and rural areas.

Structural Regulation

SEBI Issues Rules for Vault Managers of Gold Exchanges

By Editors | 04/01/2022

The rules pave the way for new gold exchanges to be established in India, which will enhance the transparency of domestic spot price discovery.

Payments & Settlements

IndusInd Bank, NPCI Partner on UPI-based Cross Border Payments

By Editors | 03/01/2022

Initially, real-time remittances from Thailand to India will be enabled via DeeMoney, a Thailand-based money transfer operator and partner of IndusInd Bank.

Structural Regulation

Regulatory Limits on Fees Will Not Apply to Accredited Investors: SEBI

By Mark Johnston | 23/12/2021

SEBI has clarified that the fees charged to accredited investors will not be subject to caps specified in existing guidelines for investment advisors and portfolio managers.

AI Risk & Governance

SEBI Forms New Advisory Committee on Technology

By Editors | 22/12/2021

The new committee will issue recommendations on existing technology projects and propose new suptech and regtech tools to improve SEBI’s capabilities.