India

Structural Regulation

SEBI Seeks Clarity on $1.45bn NSE IPO

By Samuel Riding | 07/02/2017

Regulator asks exchange to clarify details of proposed deal and update on 13 February

Payments & Settlements

RBI Deregulates Transaction Charges

By Samuel Riding | 06/02/2017

Move a part of the government efforts to promote cashless commerce.

Market Risk

RBI Issues Proposals on Forex Hedging, Capital, IRRBB

By Samuel Riding | 03/02/2017

NRIs to be allowed to hedge currency risk; banks can dip into reserves for T1 capital.

Capital Adequacy

India to Provide $1.5bn to Recapitalise Banks

By Samuel Riding | 02/02/2017

2017/18 budget also includes measures to ease NPAs, FPI access.

Trading & Investment

India to Tighten Market Surveillance Around Budget Day

By Samuel Riding | 01/02/2017

Move aims to ensure market stability amidst potential volatility; budget could rationalise transaction tax.

Structural Regulation

SEBI Finalises Exchange Cross-listing Rules

By Samuel Riding | 30/01/2017

3-stage framework aims to address possible conflicts as BSE prepares to list on NSE on 3 February.

Credit Risk

RBI to Push Back Asset Quality Review

By Samuel Riding | 30/01/2017

Banks said to have spent last two months dealing with impact of demonetisation.

Payments & Settlements

RBI Said to Lift Cash Withdrawal Limits by End-Feb

By Samuel Riding | 27/01/2017

Report suggests 78-88% of currency supply will be back in the system within 2 months.

Custody & Infrastructure

India’s Top Banks Eye Blockchain Trade Finance Platform

By Samuel Riding | 27/01/2017

Transaction documents kept on blockchain, reducing need for bank-to-bank reconciliation.