India

Credit Risk

RBI Announces New Debt Restructuring Measures to Help Banks Tackle Bad Debt

By Editors | 11/06/2015

The Reserve Bank of India announces a new scheme to help banks deal with their mountains of bad debt.

Structural Regulation

SEBI-FMC Merger Expected by September

By Editors | 11/06/2015

The merger proposed in the 2015-2016 Union Budget is expected to be completed by September.

Conduct, Culture & Accountability

RBI Allows Improved Compensation for Banks’ Non-Exec Directors

By Editors | 03/06/2015

The Reserve Bank of India has improved remuneration for non-executive directors of private sector banks.

Structural Regulation

RBI Governor Backs PDMA Proposal

By Editors | 02/06/2015

Governor Raghuram Rajan said there was no reason for the RBI to manage public debt and he would be happy if the public debt management function goes to the government.

Alternative Markets

India’s SEBI Picks Narayana Murthy to Lead Startup Funding Platform

By Editors | 21/05/2015

India’s capital markets regulator has named Infosys founder N.R. Narayana Murthy to head an 18-member panel that will prepare a new regulatory framework for startups and alternative investments.

Structural Regulation

India’s SEBI Plans Further Relaxing Listing Rules

By Editors | 17/05/2015

To allow for easier fund-raising and investor exits, India’s capital market regulator plans to exempt start-ups that plan to sell shares to the public through the proposed alternative capital-raising platform from the mandatory promoters’ holding lock-in period.

Structural Regulation

India Appeases Foreign Investors as Government Moves to Resolve Tax Row

By Editors | 07/05/2015

India is setting up a panel that will suggest ways to resolve disputes arising from the country’s imposition of the minimum alternate tax (MAT), a levy imposed on years-old capital gains of foreign companies.

Alternative Markets

India’s SEBI to Alter Rules on Alternative Investment Funds

By Editors | 04/05/2015

The Securities and Exchange Board of India plans to introduce changes in the rules on alternative investment funds (AIFs).

Structural Regulation

Innovation in Regulatory Infrastructure Needed for Growth in Indian Finance

By Garima Chitkara | 03/05/2015

India is in a unique position to ensure a more nimble and transparent financial regulatory architecture.