India

Securities / Derivatives

SEBI Tightens Disclosure Norms for Listed Companies

By Mark Johnston | 14/07/2023

The new disclosure norms by SEBI aim to enhance transparency and accountability in corporate governance practices of listed entities.

Crypto / Digital Assets

Stablecoins Threaten Policy Sovereignty, Says RBI Deputy Governor

By Mark Johnston | 14/07/2023

Stablecoins are only beneficial to linked economies, such as the US and Europe, but not to India, said T Rabi Sankar.

Crypto / Digital Assets

HDFC Bank Implements Interoperability between CBDC and UPI

By Editors | 13/07/2023

HDFC Bank customers with UPI IDs can use the QR code at retail shops to transfer funds directly from their CBDC wallets.

AML / KYC

India Increasingly Using CNY to Buy Russian Oil

By Editors | 11/07/2023

The relative ease with which Russia can accept yuan payments has led to adoption of the Chinese currency for some 10% of payments.

Securities / Derivatives

SEBI Issues New Disclosure Rules for Debt Issuers

By Sanday Chongo Kabange | 11/07/2023

SEBI says the new rules seek to minimise multiple filings of documents by issuers of debt securities.

Securities / Derivatives

SEBI Fines Fidelity Unit for Breach of FPI Regulations

By Ranamita Chakraborty | 10/07/2023

SEBI says Fidelity failed to provide updates on material information and engaged in trading activities without a valid registration as a foreign portfolio investor.

Big Picture

RBI Panel Proposes Measures to Boost Rupee Internationalisation

By Mark Johnston | 10/07/2023

The panel proposes short, medium and long term measures to increase the use of the rupee in cross-border transactions.

Enforcement

SEBI Probes Software Misuse by NSE Trading Members

By Editors | 09/07/2023

Some high-frequency traders reportedly used special software that enabled them to submit orders to NSE without paying transaction fees.

Capital / Liquidity

RBI Extends Deadline for Co-op Banks to Meet PSL Targets

By Editors | 09/07/2023

“This action is taken in response to the implementational challenges experienced by these financial institutions,” the RBI said.