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Fraud, Scams & Cybercrime
Indian Auditor General Eyes Regulator’s Performance
By Samuel Riding | 05/07/2016
Comptroller says performance audits would mitigate the risk of financial frauds.
Structural Regulation
Regulation Chief Appointed Deputy RBI Governor
By Samuel Riding | 29/06/2016
NS Vishwanathan currently responsible for bank and non-bank financial regulation.
Credit Risk
India Confirms to Follow Basel OTC Norms
By Samuel Riding | 24/06/2016
RBI issues draft guidelines based on BCBS framework; implementation set for April 2017.
Emerging Prudential Risks
RBI Governor Rajan to Step Down
By Samuel Riding | 20/06/2016
RBI governor decides not to renew term, will return to academia.
Credit Risk
RBI Finalises Bad-loan Conversion Scheme
By Samuel Riding | 14/06/2016
Indian banks can convert up to half of loans held by corporate borrowers into securities.
Cybersecurity
RBI Tells Banks to Implement Cybersecurity Plans
By Samuel Riding | 03/06/2016
Financial institutions told to put plans in place immediately, categorise their level of risk.
Trading & Investment
RBI Confirms FPIs Will Be Able to Invest in Unlisted Securities
By Samuel Riding | 18/05/2016
Central bank circular also details rules for allowing investment in securitised debt.
Credit Risk
RBI Proposes Derivative Margining Rules
By Samuel Riding | 04/05/2016
Requirements to apply to non-centrally cleared derivatives usage above INR3.5trn threshold.
Structural Regulation
India to Bring P2P Regulation Under Central Bank
By Samuel Riding | 29/04/2016
RBI proposes P2P lending platforms be regulated as non-banking finance companies.
Structural Regulation
RBI Consulting SEBI on P2P Regulation
By Samuel Riding | 26/04/2016
Deputy governor says central bank will create ‘concept note’, decide whether to regulate P2P.
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