Reserve Bank of India

Securities / Derivatives

RBI Issues Draft Rules Permitting G-Sec Borrowing & Lending

By Editors | 20/02/2023

Entities that are permitted to engage in short selling are eligible to borrow securities under a GSL transaction, which may be a tenor of up to 90 days.

Securities / Derivatives

RBI Issues Draft Guidelines on Market Risk Capital Requirements

By Editors | 20/02/2023

The draft guidelines are open for comment until 15 April 2023. The RBI intends for the guidelines to come into effect from 1 April 2024.

Market Infrastructure

RBI to Permit Borrowing and Lending of Government Bonds

By Manesh Samtani | 09/02/2023

The RBI also decided to restore pre-pandemic market hours for G-secs and release new guidelines on climate risk and sustainable finance “in a phased manner”.

AML / KYC

India Orders Ban on Over 200 Betting and Loan Apps

By Editors | 08/02/2023

The move follows several arrests and raids on payment firms last year connected to a probe into money laundering by loan companies said to be controlled by Chinese individuals.

Uncategorised

Indian Regulators Respond to Adani Group Stock Selloff

By Editors | 06/02/2023

SEBI said the market continues to function effectively. The RBI said the banking sector remains resilient and stable. Adani companies have meanwhile lost $110mn in market cap.

Market Infrastructure

India Budget to Provide Boosts to India Fintech, GIFT City

By Editors | 06/02/2023

The budget includes a revamp of India’s credit guarantee scheme for MSMEs and new incentives to draw companies to GIFT City.

Enforcement

SEBI Investigating Alleged Stock Manipulation by Adani Group

By Manesh Samtani | 30/01/2023

Short seller Hindenburg Research says the Adani Group engaged in stock price manipulation and accounting fraud over the course of decades.

Capital / Liquidity

RBI Proposed New Securitisation Framework for Stressed Assets

By Editors | 27/01/2023

Banks would be able to sell stressed assets to special purpose entities that issue securitisation notes for investors to buy.

Enforcement

SEBI Probes Nippon Mutual Fund, Yes Bank Transactions – Report

By Editors | 20/01/2023

SEBI is investigating whether investments in Yes Bank perpetual bonds were made as part of a special deal to benefit Ambani Group companies.