INDIA

India to Issue Guidelines on Cross-currency Trading

By Samuel Riding | 17/11/2015

Regulators also propose to extend exchange hours beyond 5pm to allow domestic markets to benefit during peak global trading.

SEBI to Ease KYC for Mutual Fund Investments

By Samuel Riding | 12/11/2015

Investments of less than USD3,000 will not require in-person verification.

Dhanlaxmi Bank Fined for KYC Violations

By Samuel Riding | 06/11/2015

RBI sanction comes after warning notice and arrest of former Dhanlaxmi officials.

SEBI Halts Approvals of ‘Copycat’ Mutual Funds

By Samuel Riding | 06/11/2015

India’s capital markets regulator will approve no new funds until existing similar schemes are merged.

Allow Banks to Offer Below-benchmark Rate Loans: SBI

By Samuel Riding | 03/11/2015

State Bank of India says allowing rule change will create level playing field, discourage regulatory arbitrage

PFRDA Wants Remit on Insurance and Mutual Fund Pensions

By Samuel Riding | 30/10/2015

Pensions authority says it should be overseeing pension products which are currently regulated by SEBI

RBI Considering Inter-regulatory Provisions in Bank of Baroda Case

By Samuel Riding | 29/10/2015

Reserve Bank of India began investigation on 12 October into remittances for allegedly non-existent imports.

SEBI Plans to Use E-KYC for Mutual Fund Products: Sinha

By Samuel Riding | 29/10/2015

Move to bring all vetting processes online could attract new entrants to the market, SEBI head says.

SEBI Open to Changing ETF Norms: Sinha

By Editors | 28/10/2015

Head of Indian regulator says willing to consult with market participants and experts.