The new authority can now appoint members and employees, set up funds and apply tax exemptions, but other regulatory and supervisory powers have not yet taken effect.
April 29, 2020Central bank says Aadhar cards must be linked to bank account; proposed credit registry to be open to ‘all stakeholders’.
October 25, 2017RBI (the Reserve Bank of India) will allow central treasuries used by non-resident companies to hedge their rupee currency risk from trade transactions.
October 19, 2017Bank-owned NESL wins license to operate utility which shares information on financial contracts as part of efforts to clean up bad loans.
October 2, 2017Official central bank report issued last year had suggested P2P lending platforms meet $311,000 minimum capital and leverage ratio requirements.
September 21, 2017SEBI consults on lending and borrowing in cash derivatives segment, asks whether physical settlement should be made compulsory.
September 18, 2017Regulator says violations could make investors ‘lose faith in the Indian securities market and even good companies will find it extremely difficult to raise capital’.
September 7, 2017The Reserve Bank of India has allowed the use of tri-party repos by commercial banks, recognised stock exchanges and clearing corporations and other approved entities.
August 14, 2017The Securities and Exchange Board of India has announced the formation of seven departments for regulating the commodities derivatives market.
October 24, 2015The Securities and Exchange Board of India has issued a comprehensive risk management framework for regional commodity derivatives exchanges, to be implemented by April 1, 2016.
October 23, 2015