India

Capital / Liquidity

RBI Tweaks Norms to Ease Bank Liquidity Crunch

By Editors | 28/09/2018

The central bank has increased the amount of government securities banks can put towards meeting LCR requirements.

Capital / Liquidity

India’s Regulators Attempt to Calm Credit Market Jitters

By Garima Chitkara | 26/09/2018

RBI, SEBI and the Indian government assured markets they will step in to fill any NBFC liquidity gaps after a recent default by an infrastructure financing firm.

AML / KYC

SEBI Relaxes KYC Norms for Indian Beneficial Owners of FPIs

By Editors | 26/09/2018

The latest circular allows Indians living overseas to hold only a non-controlling stake in an FPI entity, but permits them to fully control the investment manager in charge of its assets.

Market Infrastructure

Expanding the Custodian’s Role in Settlement for India’s HNIs

By Viraj Kulkarni | 25/09/2018

SEBI should mandate settlement of HNI trades through custodians to de-risk and expand India’s capital markets, says Viraj Kulkarni at PIVOT Management Consulting.

Securities / Derivatives

India’s NSE Signs MoU with London Stock Exchange

By Editors | 23/09/2018

The agreement seeks to create a dual listing mechanism for masala and foreign-currency bonds issued by Indian companies.

Securities / Derivatives

India Allows Foreign Investment In Commodity Derivatives

By Garima Chitkara | 20/09/2018

Foreign investors with direct exposure to commodities can trade commodity derivatives in India. BSE and NSE to start offering commodity derivatives from 1 October.

Securities / Derivatives

SEBI Imposes New Caps on Mutual Fund Fees

By Manesh Samtani | 19/09/2018

The new caps link total expense ratios to assets under management, in a bid to pass on the benefits of scale to investors and improve transparency in the industry.

Capital / Liquidity

India to Merge Three State Banks to Consolidate Weak Balance Sheets

By Garima Chitkara | 19/09/2018

India has begun the process to merge Dena Bank, Vijaya Bank and Bank of Baroda in a bid to support their weak balance sheets and consolidate the state-run banking sector.

AML / KYC

SEBI Changes Course on Foreign Investor KYC Requirements

By Garima Chitkara | 11/09/2018

SEBI may be going back on new rules restricting non-resident Indians and persons of Indian origin from investing in India via the FPI route.