All posts tagged "IRDAI"
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252Capital RegulationMCA Releases Interim Rules for Handling NBFC Insolvency
The framework will serve as an interim mechanism to deal with any urgent situation at systemically important NBFCs, pending the introduction of a full resolution framework.
November 20, 2019 -
722Fintech / RegtechRBI Invites First Sandbox Applicants to Test Retail Payments Products
Initially, mobile payment services, offline payment solutions, and contactless payments will be considered for inclusion in the regulatory sandbox.
November 9, 2019 -
403AML / KYCIndia Establishes High Level Panel on AML/CFT
The inter-ministerial committee comprises senior officials from government departments, ministries, law enforcement agencies and regulatory bodies, including the RBI, SEBI and IRDAI.
October 8, 2019 -
559Fintech / RegtechSEBI Publishes Capital Markets Sandbox Framework
SEBI's sandbox framework for capital markets innovation comes just weeks after the RBI released its own sandbox framework for banking and payment services.
May 22, 2019 -
819IndiaIndia to Set Up Unified Regulator for GIFT City Financial Services
A bill to establish a unified regulator to oversee financial services at India's GIFT City has been approved by the country’s cabinet.
February 7, 2019 -
372IndiaRBI Expands List of Eligible Government Bonds Short Sellers
RBI has allowed any entity with approval from a financial regulator to undertake short selling in government securities in addition to the current list of eligible short sellers.
July 30, 2018 -
292Capital RegulationIndia’s IDBI Bank to Receive Lifeline from State-run Insurer
India’s insurance regulator has approved the acquisition of a 51% stake in IDBI Bank by Life Insurance Corp, in a deal worth $1.9bn; The bank had more than a quarter of its loan book marked as non-performing at March 2018.
July 2, 2018 -
378FeatureSingapore, India Establish Joint Working Group on FinTech
Joint working group to foster closer fintech cooperation, including through real-time cross border fund transfers and links between payment system operators.
June 6, 2018
