INDIA

Dhanlaxmi Bank Fined for KYC Violations

By Samuel Riding | 06/11/2015

RBI sanction comes after warning notice and arrest of former Dhanlaxmi officials.

SEBI Halts Approvals of ‘Copycat’ Mutual Funds

By Samuel Riding | 06/11/2015

India’s capital markets regulator will approve no new funds until existing similar schemes are merged.

Allow Banks to Offer Below-benchmark Rate Loans: SBI

By Samuel Riding | 03/11/2015

State Bank of India says allowing rule change will create level playing field, discourage regulatory arbitrage

PFRDA Wants Remit on Insurance and Mutual Fund Pensions

By Samuel Riding | 30/10/2015

Pensions authority says it should be overseeing pension products which are currently regulated by SEBI

RBI Considering Inter-regulatory Provisions in Bank of Baroda Case

By Samuel Riding | 29/10/2015

Reserve Bank of India began investigation on 12 October into remittances for allegedly non-existent imports.

SEBI Plans to Use E-KYC for Mutual Fund Products: Sinha

By Samuel Riding | 29/10/2015

Move to bring all vetting processes online could attract new entrants to the market, SEBI head says.

SEBI Open to Changing ETF Norms: Sinha

By Editors | 28/10/2015

Head of Indian regulator says willing to consult with market participants and experts.

Reserve Bank of India Plans IT Unit to Check Cyber Threat

By Editors | 26/10/2015

Governor Raghuram Rajan expects subsidiary to take shape in the next six to eight months.

SEBI Forms New Depts to Regulate Commodity Markets

By Editors | 24/10/2015

The Securities and Exchange Board of India has announced the formation of seven departments for regulating the commodities derivatives market.