India

Securities / Derivatives

UPDATED – India Restricts Funds’ Corporate Bond Investment

By Samuel Riding | 11/01/2016

Securities regulator reduces individual company and sector exposure limits due to distressed debt concerns.

RBI to Share KYC, AML Reports with Intelligence Bureau

By Samuel Riding | 08/01/2016

India’s central bank succumbs to pressure to share information on bank KYC, AML evaluations.

India Strengthens Mutual Fund KYC Requirements

By Samuel Riding | 05/01/2016

Existing investors must provide additional KYC information and confirm compliance with Foreign Account Tax Compliance Act.

Financial Inclusion Could Damage Banking Sector: FSDC

By Samuel Riding | 23/12/2015

India’s push for financial inclusion could threaten the profitability of public sector banks, report says.

India Moots Tighter Loan Provisioning Rules

By Samuel Riding | 21/12/2015

RBI proposes banks increase provisions for loans to customers with ‘sub-standard’ borrowing from other lenders.

Habib Bank Scalded by New York Regulator

By Samuel Riding | 20/12/2015

Pakistani lender told to boost policies to prevent money laundering after “significant breakdowns”.

Indian Banks Face Pressure to Name Defaulters

By Samuel Riding | 18/12/2015

Supreme Court says information cannot be withheld on grounds of bank rules and confidentiality.

Indian Start-up Platform Fails to Take Hold

By Samuel Riding | 16/12/2015

Regulator urges investment banks to promote platform after no listings in first six months.

India Clamps Down on Trading Manipulation

By Samuel Riding | 15/12/2015

Commodity brokers and traders will have to test systems and software in consultation with exchanges.