India

Credit Risk

RBI Announces Measures to Hasten Bad Debt Restructuring

By Editors | 27/09/2015

SBI and ICICI bank get permanent seat at the joint lenders forum for distressed assets.

Credit Risk

SEBI to Enhance Disclosures by Credit Rating Agencies

By Editors | 23/09/2015

Plan to implement a mechanism for prompt and proper disclosures of changes to credit ratings of listed firms, in a bid to safeguard investor interests.

Conduct, Culture & Accountability

India Consults on New Measures to Curb Misselling

By Editors | 22/09/2015

India’s government and various regulators are consulting the public on newly proposed recommendations by a high-level government committee to curb misselling of financial products.

Capital Adequacy

India Relaxes Equity Investment Norms for Banks

By Editors | 20/09/2015

Lenders will no longer need prior approval to make equity investments if they have a capital risk-weighted asset ratio exceeding 10 percent and have made a profit in the previous financial year.

Credit Risk

RBI to Cap Members in Lending Consortium

By Editors | 19/09/2015

The Reserve Bank of India is planning to restrict the numbers of members in the Joint Lenders’ Forum in a bid to ease the difficulties banks often face in resolving distressed assets.

Liquidity Risk

SEBI Asks Fund Managers to Explain Corporate Bond Holdings

By Editors | 18/09/2015

The Securities and Exchange Board of India has asked fund managers to explain their rationale for corporate bond investments and closely monitor recently-downgraded companies they hold.

Trading & Investment

India’s MAT Ruling Welcomed by Industry

By Editors | 09/09/2015

Government’s decision to waive the controversial minimum alternate tax on capital gains made by foreign investors retrospectively welcomed by cross-section of industry.

Trading & Investment

Bombay Stock Exchange Allows Roll-Over of Securities Loans

By Editors | 09/09/2015

The Bombay Stock Exchange has launched a roll-over facility for securities lending and borrowing in a bid to increase participation in the currently very shallow SLB market.

Structural Regulation

Framework Needed for Listing of India’s Exchanges

By Editors | 07/09/2015

The Securities and Exchange Board of India will soon have to put in place a framework for the listing of stock exchanges.