India

Sustainable Finance

India INX Launches Trading Platform for Green Bonds

By Editors | 17/06/2019

BSE-owned India INX has listed the bonds of three Adani-group subsidiaries on its new green bonds platform.

Market Abuse

SEBI Proposes Informant Mechanism to Combat Insider Trading

By Editors | 11/06/2019

SEBI wants to institute a process that incentivises timely reporting of instances of insider trading and provides for the granting of rewards to whistleblowers.

Emerging Prudential Risks

RBI to Step Up Monitoring of Shadow Banking Sector

By Editors | 11/06/2019

Governor Shaktikanta Das says the RBI will increase its monitoring of NBFCs and issue final liquidity risk management rules for the sector “soon”.

Trading & Investment

RBI to Roll Out Retail FX Trading Platform in August

By Editors | 10/06/2019

The new trading platform is expected to improve pricing by unifying the existing fragmented market structure.

Credit Risk

UPDATED – RBI Issues New Framework for Stressed Asset Resolution

By Garima Chitkara | 10/06/2019

The new norms replace the February 2018 rules on the resolution of stressed assets that were struck down by the Supreme Court earlier this year.

Liquidity Risk

SEBI Mulls Liquidity Buffer Requirement for Funds

By Editors | 08/06/2019

The proposal could require all liquid funds to invest a fixed portion of their assets in government securities or other sovereign debt.

Payments & Settlements

UPDATED – RBI Removes RTGS, NEFT Fund Transfer Fees

By Editors | 07/06/2019

Industry players and banking experts say the move will not only boost digital payments, but also make transactions faster, safer and cost-effective.

Payments & Settlements

RBI Publishes Payment Systems Benchmarking Report

By Editors | 06/06/2019

Further efforts are needed to reduce paper clearing  and improve acceptance infrastructure (e.g. PoS devices) to enhance digital payments.

Credit Risk

UPDATED – RBI Bans EY Member Firm from Auditing Banks

By Editors | 05/06/2019

Reports indicate the RBI had found large discrepancies in bad debt reported by banks for the 2015-2016 period, particularly in the cases of Axis Bank and YES Bank.