India

Market Infrastructure

RBI Expands Access to Electronic Trading Platform for G-Secs

By Mark Johnston | 24/10/2024

Access to NDS-OM will expand to regional rural banks, local area banks, NBFCs, provident funds, pension funds, and regulated MIIs.

Enforcement

RBI Halts Loan Activities of Four NBFCs Over Compliance Issues

By Nithya Subramanian | 23/10/2024

The RBI ordered four NBFCs to stop disbursing new loans due to excessively high rates which are non-compliant with regulatory guidelines.

ESG / Sustainability

EEX to Help Develop Hydrogren Trading Market in India

By Editors | 19/10/2024

The project will be supported by funding from the German government, which aims to promote green hydrogen projects in selected emerging markets.

Capital / Liquidity

Kotak Mahindra to Acquire StanChart’s Retail Loan Book

By Nithya Subramanian | 18/10/2024

The acquisition is expected to be completed in 3 months, allowing StanChart to focus on the wealth and SME segments as well as investment banking.

Securities / Derivatives

SEBI Speeds Up Availability of Sale Proceeds for FPIs

By Mark Johnston | 18/10/2024

Tax certificates for FPI sale trades will be issued faster, enabling FPIs to access sale proceeds for repatriation or reinvestment on settlement day.

Fintech / Regtech

India to Develop Payments System for Trinidad and Tobago

By Nithya Subramanian | 28/09/2024

The partnership aims to help Trinidad and Tobago develop a UPI-based real-time payments platform for P2P and P2M transactions.

Securities / Derivatives

SEBI Issues Operational Guidelines for Foreign VC Investors

By Ajoy K Das | 27/09/2024

FVCIs should appoint a designated depository participant by 31 March, failing which no further investment will be permitted.

Crypto / Digital Assets

Singapore Court Grants WazirX Four-Month Conditional Moratorium

By Nithya Subramanian | 27/09/2024

The moratorium allows WazirX four months to resolve customer losses from a $230mn hack the company suffered in July.

Securities / Derivatives

SEBI Cuts Debt Securities Listing Timeline in Half

By Editors | 27/09/2024

The new timeline will be optional for public issues of debt securities and NCRPS for the first year and mandatory thereafter.