India

Capital / Liquidity

IRDAI Orders SBI Life to Take Over Sahara India Life

By Ranamita Chakraborty | 05/06/2023

Sahara Life’s financial position has been deteriorating with rising losses and a higher percentage of claims to total premiums.

RBI Panel Offers Recommendations on Improving Bank Services

By Editors | 05/06/2023

The committee issued recommendations to foster a more customer-centric approach in the financial services industry.

Securities / Derivatives

SEBI Proposes Tighter Rules for Granting QIB Status to AIFs

By Mark Johnston | 31/05/2023

SEBI said many AIFs have only one or two investors but have been obtaining benefits as ‘Qualified Institutional Buyers’.

RBI Governor Raises Concerns Over India Bank Governance

By Ranamita Chakraborty | 30/05/2023

RBI governor Shaktikanta Das said banks are employing “smart accounting methods” to artificially boost performance and mask stressed loans.

Securities / Derivatives

SEBI Proposes to Strengthen Investor Grievance Handling Process

By Ranamita Chakraborty | 29/05/2023

SEBI is seeking to streamline the complaints redressal process and introduce a two-tier review system.

Securities / Derivatives

SEBI Proposes to Cut IPO Listing Timelines in Half

By Mark Johnston | 24/05/2023

The proposal is expected to improve the efficiency and transparency of the IPO process and provide faster access to capital.

Enforcement

Adani Shares Recover as SEBI Struggles to Trace Overseas Investors

By Mark Johnston | 24/05/2023

A court-appointed panel says SEBI has been unable to trace the ultimate owners of 13 overseas entities that invested in Adani Group.

Securities / Derivatives

SEBI Proposes Measures to Reduce Equity Derivatives Volatility

By Ranamita Chakraborty | 23/05/2023

SEBI is seeking comments on proposed measures to strengthen the existing price band formulation for derivative-linked shares.

Capital / Liquidity

SEBI Seeks Uniform Total Expense Ratio for Mutual Funds

By Ranamita Chakraborty | 23/05/2023

SEBI’s proposed measures aim to increase transparency regarding the costs borne by mutual fund investors.