RESERVE BANK OF INDIA

India Grants Payments Banks Licenses to Corporates

By Editors | 01/09/2015

The Reserve Bank of India has approved eleven non-financial corporations to become payments banks, a new classification of financial institution that can offer basic banking and payment services.

Crypto / Digital Assets

RBI Calls for Regulation of “Disruptive” Financial Innovation

By Editors | 28/08/2015

RBI Deputy Governor SS Mundra is calling for tighter regulatory frameworks around peer-to-peer (P2P) lending, internet-only banks, crowd funding platforms and cryptocurrency.

State Bank of India Chief Calls for Incentives to Revive Bad Loans

By Editors | 24/08/2015

State Bank of India chief Arundhati Bhattacharya says new measures to tackle bad debt do not help smaller firms while bank capital is prioritised towards meeting regulatory requirements.

SEBI to Assess Compensation Policy at Mutual Funds

By Editors | 18/08/2015

The Securities and Exchange Board of India will start collecting details of salaries paid to employees and top officials at mutual funds to calculate the cost of funds of asset management companies.

RBI Seeks Greater Oversight Over Co-Operative Banks

By Editors | 14/08/2015

The Reserve Bank of India has asked the government to amend laws which will allow the regulator to grant commercial bank licences to urban co-operative banks.

SEBI to Penalise Misuse of Algorithmic Trading Technology

By Editors | 02/08/2015

The Securities and Exchange Board of India has warned that it will penalise anyone trying to manipulate the markets with algorithmic trading technology.

India Looks to Expedite New Bank Licenses

By Editors | 31/07/2015

The Reserve Bank of India has asked the Income Tax Department to expedite the collection of financial and tax history of almost 50 companies seeking licences to operate small finance and payment banks in India.

India to Weaken Central Bank Monetary Powers

By Editors | 27/07/2015

Ministry of Finance releases draft regulation which would revamp the way the RBI sets monetary policy.

India to Introduce Guidelines for Algorithmic Trading

By Editors | 26/07/2015

The Securities and Exchange Board of India is working on guidelines to regulate algorithmic trading and is expected to release them within the next two months.