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.

    Securities / Derivatives

    SEBI Issues Rules for Vault Managers of Gold Exchanges

    By Editors | 04/01/2022

    The rules pave the way for new gold exchanges to be established in India, which will enhance the transparency of domestic spot price discovery.

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