India

Capital / Liquidity

RBI Extends Basel III Requirements to National Financial Institutions

By Editors | 22/09/2023

The five All India Financial Institutions will have to comply with Basel III capital adequacy requirements from April 2024.

RBI Expands Scope of Data Quality Benchmarking Requirements

By Editors | 21/09/2023

Credit information companies directed to establish data quality index for commercial and microfinance segments.

Securities / Derivatives

SEBI Overhauls Quarterly Reports for Alternative Investment Funds

By Mark Johnston | 15/09/2023

The revised format requires AIFs to provide information on their fund structure, investment strategy, portfolio composition, valuation methodology, and other areas.

Capital / Liquidity

RBI Revises Norms for Banks’ Investment Portfolios

By Manesh Samtani | 15/09/2023

The RBI said the revisions will enhance the quality of financial reporting, bolster the corporate bond market, and strengthen bank risk management.

Capital / Liquidity

RBI Releases List of Upper Layer NBFCs for 2023-24

By Mark Johnston | 14/09/2023

Under the new regulatory framework, the 15 upper layer NBFCs will be subject to heightened regulatory requirements for a minimum of five years.

Securities / Derivatives

SEBI Allows REIT, InvIT Unitholders to Nominate Board Members

By Editors | 13/09/2023

REIT and InvIT unitholders holding more than 10 percent of the units can nominate board members.

Enforcement

SEBI Orders Brickwork Ratings to Revamp Board, Rating Process

By Mark Johnston | 13/09/2023

SEBI initially tried to cancel Brickwork’s credit rating agency licence but the order was quashed on appeal and SEBI was directed to issue a fresh order.

RBI Sets 30-day Deadline for Lenders to Return Property Documents

By Mark Johnston | 13/09/2023

The RBI directed regulated entities to release all original property documents to customers within 30 days after personal loans are fully repaid.

Securities / Derivatives

India to Explore Allowing Domestic Firms to Directly List in London

By Editors | 13/09/2023

India’s government will explore the London Stock Exchange as an international destination for the direct listing of Indian companies.