India

Securities / Derivatives

SEBI Seeks to Regulate Algo Trading by Retail Investors

By Editors | 13/12/2021

SEBI is concerned that investors are increasingly using unregulated third party applications and algorithms to automate decision-making and trading.

Capital / Liquidity

RBI Loosens Rules on Bank Management of Overseas Units

By Manesh Samtani | 13/12/2021

The RBI will also introduce new rules for how banks classify and value their investment portfolios, and how payment systems charge their customers.

Securities / Derivatives

SEBI Proposes to Ease Rules on Preferential Share Issuance

By Editors | 05/12/2021

The regulator proposes relaxed pricing norms, a shorter lock-in period, and to allow promoters to pledge shares for loans during the lock-in period.

Securities / Derivatives

SEBI Directs Market to Display Investor Charter, Complaints Data

By Editors | 04/12/2021

From January 2022, stock exchanges, merchant bankers and RTAs will need to publish the new investor charter as well as complaints data on their websites.

Capital / Liquidity

RBI to Update Rules on Ownership of Private Sector Banks

By Editors | 01/12/2021

Promoters will be able to increase their long-run stakes in private sector banks from 15 to 26 percent. The capital requirement for a universal bank licence will be doubled.

India Proposes New Cross-border Insolvency Framework

By Editors | 30/11/2021

The framework will provide a mechanism for foreign creditors to obtain recognition of overseas proceedings in local courts.

Capital / Liquidity

RBI Imposes Restrictions on Urban Cooperative Bank

By Editors | 30/11/2021

Malkapur Urban Bank will continue to have the business and operational restrictions in place until its financial position improves.

Securities / Derivatives

SEBI Sets Out Guidelines for Operating Silver ETFs

By Editors | 30/11/2021

Silver ETFs will have to allocate at least 95 percent of assets to silver and silver-related exchange-traded commodity derivatives.

Capital / Liquidity

RBI Proposes Scheme to Rescue PMC Bank Depositors

By Editors | 25/11/2021

PMC Bank will be merged into Unity Small Finance Bank, which was set up on 1 November by financial services conglomerate Centrum Group and fintech firm Bharatpe.