India

Data Privacy

RBI to Allow New Type of ‘Account Aggregator’ NBFC

By Editors | 06/07/2015

The Reserve Bank of India said it will allow a new type of non-banking financial company which can act as an account aggregator to enable customers to see all accounts across multiple financial institutions in a common format.

Trading & Investment

India to Restrict Trading Speeds for Algorithmic Traders

By Editors | 03/07/2015

The Securities and Exchange Board of India is working on rules to strengthen regulation of algorithmic trading and create a level playing field for investors.

Conduct, Culture & Accountability

SEBI Warns Mutual Fund Industry for High Fees

By Editors | 03/07/2015

India’s capital markets regulator has come down heavily on mutual fund players over the higher agency commissions they charge from customers, warning of punitive and corrective actions.

Structural Regulation

India’s Pension Regulator Seeks to Ensure Protection for Subscribers

By Editors | 30/06/2015

The Pension Fund Regulatory and Development Authority is collecting information on unregulated pension funds, with the aim of bringing them under regulatory oversight.

Credit Risk

Indian Banks Struggling to Restructure Debt

By Editors | 30/06/2015

Indian Banks are having a difficult time restructuring debt in spite of new rules the Reserve Bank of India has put forward to help them.

Capital Adequacy

India Banks Will Need More Capital to Meet Basel III

By Editors | 29/06/2015

The Reserve Bank of India has said that public sector banks are adequately capitalised, but they will need additional funds to comply with international capital adequacy norms in the future.

Structural Regulation

SEBI to Register Commodity Brokers from August

By Editors | 28/06/2015

The Securities and Exchange Board of India may start registrations of commodity brokers in August as it moves closer to its merger with the Forward Markets Commission.

Structural Regulation

India to Ease IPO Regulation for E-Commerce Startups

By Editors | 26/06/2015

The Securities and Exchange Board of India is proposing to ease rules for initial public offerings by startups, in order to prevent them from listing on exchanges abroad and allow local investors to profit from India’s e-commerce boom.

Liquidity Risk

RBI Opposes Finance Ministry Plan to Use Gold Deposits for Bank Cash Reserve Ratio

By Editors | 25/06/2015

The Reserve Bank of India has written to the finance ministry in opposition to its plan to use gold deposits as bank cash reserve ratio.