INDIA

Securities / Derivatives

Indian Investors Gain Access to Russian Financial Markets

By Editors | 12/01/2022

Sova Capital, a MOEX clearing member, is providing Indian investors access to Russian markets in partnership with India INX and its Global Access platform.

Capital / Liquidity

RBI Updates Liquidity Standards to Align with Basel Norms

By Editors | 11/01/2022

The RBI has raised the deposit threshold under which small business customers can be managed as retail deposits for the purposes of LCR and NSFR.

Fintech / Regtech

RBI Establishes Dedicated Fintech Unit to Promote Innovation

By Editors | 10/01/2022

The new department will seek to promote innovation in the financial sector including by exploring policy interventions by the RBI.

Securities / Derivatives

SEBI Modifies Exercise Mechanism for Commodity Options

By Editors | 09/01/2022

In-the-money options will be exercised automatically, unless instructions to the contrary have been given, and out-of-the-money options will expire worthless.

Market Infrastructure

RBI Issues Eligibility Criteria for Use of Credit Information Services

By Sanday Chongo Kabange | 07/01/2022

More entities will become eligible to tap credit information disseminated by CICs, which observers say will benefit digital lenders and neobanks.

Securities / Derivatives

SEBI Finalises Tighter Rules on Use of IPO Proceeds

By Editors | 06/01/2022

Anchor investors can only sell 50 percent of their allocated shares after 30 days. The remaining portion has a 90-day lock-in period.

Securities / Derivatives

RBI Introduces New Market Making Scheme for G-sec Market

By Sanday Chongo Kabange | 06/01/2022

The market-making scheme will ensure quotes are available to retail investors using the RBI Retail Direct Scheme to buy and sell G-secs.

Capital / Liquidity

RBI Publishes List of Indian D-SIBs for 2022  

By Editors | 05/01/2022

SBI, ICICI Bank and HDFC Bank continue to be identified as D-SIBs, under the same bucketing structure as in the 2020 list.

Market Infrastructure

RBI Issues New Framework on Offline Digital Payments

By Mark Johnston | 05/01/2022

Offline digital payments are expected to benefit areas with weak internet or telecom connectivity, particularly semi-urban and rural areas.