A letter from a whistleblower at Deloitte's local India unit has triggered a malpractice investigation into its role as auditor for the troubled IL&FS group.
April 16, 2019India’s mortgage regulator is proposing to increase capital adequacy requirements for housing finance companies from 12% to 15% by March 2022.
March 7, 2019While the RBI introduces a new scheme to encourage FPI participation in India's debt markets, SEBI has tweaked valuation norms make debt funds more secure for investors.
March 5, 2019Former central bank governor YV Reddy says there is no doubt the government has a claim over the RBI's reserves, but questions how it is exercising its claim.
February 11, 2019SEBI has asked the BSE and NSE to boost intra-day surveillance to check unusually volatile stocks for possible manipulation.
February 7, 2019Banks will need to provision for IL&FS assets at the standard rate of 15% in the first year in the December quarter and will not get the six month reprieve they had asked for.
January 10, 2019At its latest board meeting, SEBI approved a plan to allow mutual funds to create segregated portfolios for assets experiencing credit events, among a number of other proposals.
December 13, 2018The RBI has reduced the holding time required for loans with maturities of over 5 years before they can be securitised.
November 30, 2018Banks can act as partial credit guarantors on bonds issued by NBFCs and HFCs to refinance existing debt, enhancing their credit ratings and making them more attractive to investors.
November 5, 2018The government has appointed a new board to revive the systemically-important infrastructure financier IL&FS and committed to ensuring liquidity to prevent further defaults.
October 4, 2018