All posts tagged "RBI"
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150Capital RegulationRBI Cuts Interest Rate Again, Extends Debt Moratorium
The RBI has also increased the large exposures cap for banks from 25% to 30% and granted FPIs three more months to comply with requirements under the voluntary retention route.
May 25, 2020 -
396India
RBI Directs IFSC Banking Units to Report OTC Trades to CCIL
IFSC banking units are required to report their OTC foreign exchange, interest rate and credit derivative transactions to CCIL's reporting platform from 1 June.
May 20, 2020 -
291Capital RegulationIndia Makes Additional Funding Available to NBFCs
A $4bn special liquidity scheme will be provided for NBFCs, and the partial credit guarantee scheme already in force is being expanded to also cover non-investment grade NBFC debt.
May 14, 2020 -
602IndiaIndia: Gift City Exchanges Launch First Rupee Derivatives
Rupee futures and options will offer overseas market participants new onshore tools to hedge their India exposures, reducing their reliance on offshore currency markets.
May 10, 2020 -
1.1KIndia
India: Banks Agree to Extend Loan Moratorium to NBFCs
RBI governor Shaktikanta Das has made clear that NBFCs are eligible for the loan moratorium being extended to other borrowers.
May 8, 2020 -
526EnforcementSEBI Initiates Probe into Franklin Templeton Fund Closures
SEBI is reported looking to determine whether the firm violated rules, breached its fiduciary duty, or failed to act in investors' best interests.
May 6, 2020 -
514India
RBI Grants Banks Additional Time to Submit Regulatory Returns
The regulator has listed 18 regulatory returns which banks can submit with a delay of a maximum 30 days. No extension is granted for the submission of statutory returns which are required by law.
May 1, 2020 -
580Capital Regulation
RBI Expands Mutual Fund Liquidity Facility to All Banks
Initially, funding under the special liquidity facility for mutual funds was only available to banks that use the RBI's liquidity adjustment facility window.
May 1, 2020 -
402India
India Brings to Life Unified Regulator for IFSCs
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, 2020 -
215Feature
RBI Opens New Liquidity Facility for Mutual Funds
The move follows Franklin Templeton's decision to freeze and wind up six of its mutual funds amid intense redemption and liquidity pressures, prompting contagion fears across the sector.
April 27, 2020
