India

Securities / Derivatives

SEBI Launches Personal Finance App to Assist Investors

By Ajoy K Das | 05/06/2024

The app empowers investors with reliable and essential insights into the securities market, a SEBI director said at the launch.

Market Infrastructure

India to Allow Non-residents to Open Rupee Accounts

By Ajoy K Das | 05/06/2024

Indian banks will also be able to lend to non-residents in INR, as part of measures to internationalise the domestic currency.

Securities / Derivatives

SEBI to Review Ownership Structures of Clearing Corporations

By Ajoy K Das | 03/06/2024

An expert committee will review whether majority ownership of clearing corporations by stock exchanges remains appropriate.

Market Infrastructure

SEBI Revises Collateral, Exposure Norms for Clearing Corporations

By Ajoy K Das | 03/06/2024

The norms strengthen the liquidity and stability of clearing corporations and set new limits on exposures to individual banks.

Fintech / Regtech

RBI Finalises Recognition Framework for Fintech SROs

By Ajoy K Das | 01/06/2024

Entities seeking to become self-regulatory organisations in the fintech sector may submit an application with the RBI.

Securities / Derivatives

SEBI Reduces Approval Time to Offer Online Trading

By Ajoy K Das | 01/06/2024

Stock brokers will only have to wait 7 calendar days to receive a decision from stock exchanges about approval to offer internet-based trading services to clients.

Fintech / Regtech

RBI Announces Launch of Three New Fintech Initiatives

By Ajoy K Das | 31/05/2024

The RBI launched a new application portal, a mobile app for G-Secs trading, and repositories containing FinTech and EmTech data.

Securities / Derivatives

SEBI Revises Criteria for Listing Commodity Futures, Options

By Ajoy K Das | 31/05/2024

Exchanges will no longer have to delist commodity derivatives if annual turnover falls under INR 5 billion.

Enforcement

RBI Imposes Restrictions on Two Edelweiss Group Firms

By Ajoy K Das | 31/05/2024

The Edelweiss companies were found to be acting in concert to “evergreen” stressed loans and circumvent regulations.