India

Sanctions

US Official Warns of Sanctions Over India-Iran Port Deal

By Manesh Samtani | 15/05/2024

US State Department’s Vedant Patel said any business deals with Iran could be subject to the potential risk of sanctions.

AML / KYC

SEBI Eases KYC Norms for Mutual Fund Investors

By Ajoy K Das | 15/05/2024

SEBI will allow investors to obtain a ‘KYC-Registered’ status even if their PAN and Aadhaar accounts are not linked.

Securities / Derivatives

SEBI to Mandate Direct Payout of Securities to Investor Accounts

By Ajoy K Das | 14/05/2024

SEBI has proposed a new rule that will require all securities payouts to be credited directly to investors’ demat accounts.

Securities / Derivatives

SEBI Proposes Reduced Regulatory Burden on REITs, InvITs

By Ajoy K Das | 13/05/2024

SEBI also proposes to speed up distributions to unitholders and enable them to attend and vote at meetings remotely.

Securities / Derivatives

SEBI to Ease Disclosure Rules for Non-convertible Securities

By Ajoy K Das | 13/05/2024

SEBI proposed to remove requirements to disclose the PAN and personal addresses of promoters.

Securities / Derivatives

RBI Relaxes Margin Requirements for Derivatives

By Ajoy K Das | 13/05/2024

Regulatory amendments are intended to make it easier for foreign investors to invest in derivatives.

Capital / Liquidity

RBI Finalises Margin Rules for Non-Cleared OTC Derivatives

By Manesh Samtani | 13/05/2024

The master direction on VM and IM exchange for non-centrally cleared OTC derivatives will enter into force from 8 November 2024.

Fintech / Regtech

RBI Lifts Restrictions on Bank of Baroda Mobile App

By Ajoy K Das | 12/05/2024

The bank was barred from onboarding customers on its ‘BoB World’ app following misuse by employees.

Capital / Liquidity

RBI Directs NBFCs to Limit Cash Disbursals for Gold Loans

By Ajoy K Das | 10/05/2024

The Income Tax Act prohibits any individual from receiving more than INR 20,000 as a loan amount in cash.