India

Securities / Derivatives

India Consults on Opening Up Commodity Derivatives to Foreign Entities

By Garima Chitkara | 24/05/2018

SEBI consults on allowing foreign entities with direct exposure to Indian commodities into the commodities derivatives markets; FPI’s will not be allowed.

Market Infrastructure

NSE Takes Legal Action to Prevent SGX India Derivatives Launch

By Garima Chitkara | 24/05/2018

NSE is seeking to prevent SGX from launching India equity derivative products in June; NSE previously terminated its data sharing agreement with SGX for its Nifty futures offering.

Market Infrastructure

NSE Receives CFTC Approval to Sell Futures to US Customers

By Garima Chitkara | 21/05/2018

NSE can sell futures products to US investors without the later having to register separately as a futures merchant; CFTC approval hinges on information exchange on NSE transactions with SEBI.

Capital / Liquidity

RBI Mandates 100pc NSFR for Banks

By Garima Chitkara | 21/05/2018

The Indian central bank finalised its liquidity guidelines for banks requiring a 100% Net Stable Funding Ratio, in line with Basel III rules.

Market Infrastructure

BSE Receives US SEC “Designated Offshore Securities Market” Status

By Garima Chitkara | 17/05/2018

Designation will allow Indian exchange BSE to sell securities to US investors without needing to register them with the US SEC.

Securities / Derivatives

New SEBI Committee to Rework FPI Rules

By Garima Chitkara | 16/05/2018

New committee to rationalise foreign investment rules and remove ambiguities and gaps in the FPI regime while keeping the broad framework intact.

Capital / Liquidity

UPDATED – RBI Freezes Lending, Hiring at Indian Banks Amid Rising NPAs

By Garima Chitkara | 14/05/2018

Central bank imposes lending and hiring freeze on Dena Bank, a public sector bank that reported a four-fold increase in gross NPAs and negative ROA for the quarter ending March 2018.

Securities / Derivatives

SEBI Extends Trading Hours for Equity Derivatives

By Manesh Samtani | 09/05/2018

The move will align trading hours of equity derivatives with commodity derivatives, effective 1 October, when individual Indian exchanges are also set to integrate stock and commodity trading.

Market Infrastructure

SEBI Issues New Risk Management Guidelines for Derivatives

By Editors | 04/05/2018

Guidelines to take effect in June specify margin calculation methods, collection and enforcement norms, and method of calculation of trading and clearing members’ liquid net worth, effective from June.