INDIA

Market Infrastructure

India Pauses Commodity Futures Contract Issuance

By Samuel Riding | 18/01/2016

Securities regulator prohibits new contracts in effort to cool speculation, ease volatility in agricultural commodities prices.

Market Infrastructure

RBI Relaxes Off-site ATM Rules

By Samuel Riding | 15/01/2016

Indian banks will be allowed to provide full range of services at off-site ATMs.

Market Infrastructure

BSE to Check ‘Reasonability’ of Equity Derivative Prices

By Samuel Riding | 14/01/2016

Mumbai exchange to also extend existing price reasonability monitoring to cover currency options, effective 18 January.

Securities / Derivatives

UPDATED – India Restricts Funds’ Corporate Bond Investment

By Samuel Riding | 11/01/2016

Securities regulator reduces individual company and sector exposure limits due to distressed debt concerns.

RBI to Share KYC, AML Reports with Intelligence Bureau

By Samuel Riding | 08/01/2016

India’s central bank succumbs to pressure to share information on bank KYC, AML evaluations.

India Strengthens Mutual Fund KYC Requirements

By Samuel Riding | 05/01/2016

Existing investors must provide additional KYC information and confirm compliance with Foreign Account Tax Compliance Act.

India Moots Tighter Loan Provisioning Rules

By Samuel Riding | 21/12/2015

RBI proposes banks increase provisions for loans to customers with ‘sub-standard’ borrowing from other lenders.

Indian Banks Face Pressure to Name Defaulters

By Samuel Riding | 18/12/2015

Supreme Court says information cannot be withheld on grounds of bank rules and confidentiality.

Indian Start-up Platform Fails to Take Hold

By Samuel Riding | 16/12/2015

Regulator urges investment banks to promote platform after no listings in first six months.