Reserve Bank of India

Trading & Investment

India Introduces Bond Options

By Samuel Riding | 03/01/2017

OTC and exchange traded options will be allowed.

Trading & Investment

India Eases FPI Rules

By Samuel Riding | 28/12/2016

Category 1 and 2 FPIs can hold derivatives up to 20% of a stock’s market wide position limit.

Market Abuse

Australia, India Sanction Banks for Forex Violations

By Samuel Riding | 22/12/2016

2 Australian banks to make $3.6mn ‘community benefit’ payments, RBI fines 5 banks total of $844.

KYC & CDD

RBI Backtracks on Demonetisation Deposit Limits

By Samuel Riding | 22/12/2016

Central bank says depositors will not be interrogated so long as accounts are KYC compliant.

Anti-Bribery & Corruption

RBI Officials Arrested for ‘Unauthorised Money Exchange’

By Samuel Riding | 19/12/2016

Two officials said to have given away new notes amounting to almost $300,000.

Structural Regulation

The Big Picture – Indian Regulatory Outlook

By Samuel Riding | 08/12/2016

Highlights from Regulation Asia’s 2016 India Roundtable with ICCL, Stockholding, EY and PIVOT.

Payments & Settlements

Indian Court Questions Cash Withdraw Limits

By Samuel Riding | 07/12/2016

Gujurat High Court suggests central bank also not empowered to conduct ‘demonetisation’.

Liquidity Risk

RBI Moves to Mop up Liquidity after Currency Callback

By Samuel Riding | 28/11/2016

Banks required to hold incremental cash reserve ratio of 100%.

Structural Regulation

India to Develop Sharia Banking Framework

By Samuel Riding | 21/11/2016

Central bank says introduction faces ‘various regulatory and supervisory challenges’.