India

Structural Regulation

India Exempts Foreign Companies from MAT

By Editors | 30/09/2015

The Finance Ministry has decided to exempt foreign companies from paying the Minimum Alternate Tax if they do not have a permanent establishment in India, in a bid to boost investor confidence.

Trading & Investment

India to Pursue Investment from Foreign Pension Funds

By Editors | 28/09/2015

The Securities Exchange Board of India intends to begin talking to global fund managers about investing foreign pension money in India.

Structural Regulation

Bombay Stock Exchange Seeks Commodities Expansion

By Editors | 27/09/2015

BSE told brokers that it will seek approval from SEBI to launch a commodity segment.

Clearing & Post-Trade

SEBI Considers Tighter Rules for Agri Commodities

By Editors | 27/09/2015

The Securities and Exchange Board of India is considering tightening regulations relating to risk management for agricultural commodities derivatives.

Credit Risk

RBI Announces Measures to Hasten Bad Debt Restructuring

By Editors | 27/09/2015

SBI and ICICI bank get permanent seat at the joint lenders forum for distressed assets.

Credit Risk

SEBI to Enhance Disclosures by Credit Rating Agencies

By Editors | 23/09/2015

Plan to implement a mechanism for prompt and proper disclosures of changes to credit ratings of listed firms, in a bid to safeguard investor interests.

Conduct, Culture & Accountability

India Consults on New Measures to Curb Misselling

By Editors | 22/09/2015

India’s government and various regulators are consulting the public on newly proposed recommendations by a high-level government committee to curb misselling of financial products.

Capital Adequacy

India Relaxes Equity Investment Norms for Banks

By Editors | 20/09/2015

Lenders will no longer need prior approval to make equity investments if they have a capital risk-weighted asset ratio exceeding 10 percent and have made a profit in the previous financial year.

Credit Risk

RBI to Cap Members in Lending Consortium

By Editors | 19/09/2015

The Reserve Bank of India is planning to restrict the numbers of members in the Joint Lenders’ Forum in a bid to ease the difficulties banks often face in resolving distressed assets.