India

Securities / Derivatives

SEBI Proposes Framework for Price Discovery of Investment Companies

By Ajoy K Das | 22/04/2024

A special call-auction may be enabled for listed investment companies and investment holding companies.

Crypto / Digital Assets

Binance, KuCoin to Return to India as Compliant Crypto Exchanges

By Ajoy K Das | 19/04/2024

Binance will pay a $2mn penalty and return to India as a registered firm. Kucoin announced its return last month.

India Working on New Corporate Insolvency Frameworks

By Ajoy K Das | 18/04/2024

Frameworks for cross-border and group insolvencies are expected to come into effect after India’s national elections are over in June.

Fintech / Regtech

RBI Proposes New Regulations for Payment Aggregators

By Ajoy K Das | 18/04/2024

The proposed regulations stipulate new net worth requirements for payment aggregators facilitating face-to-face transactions.

Securities / Derivatives

India to Establish Panel of Regulators to Assess Derivatives Risks

By Ajoy K Das | 17/04/2024

The panel will be set up to assess potential systemic risks emerging from a surge in derivatives trading in India.

Capital / Liquidity

RBI Issues Directions to Foster Loan Pricing Transparency

By Ajoy K Das | 17/04/2024

All regulated entities will have to provide a Key Facts Statement to borrowers of retail and MSME loans from 1 October 2024.

Securities / Derivatives

RBI Permits Use of GIFT City OTC Segment to Hedge Gold Price Risk

By Ajoy K Das | 17/04/2024

Resident entities can hedge gold price risks using OTC derivatives in GIFT City, in addition to exchange-traded derivatives.

Securities / Derivatives

India’s NSE Cautions Investors of Deep Faked Videos of CEO

By Ajoy K Das | 11/04/2024

The exchange said investors should not follow advice coming from deepfaked videos of its CEO recommending stocks.

Fintech / Regtech

RBI Calls on Banks to Improve FX Market for Retail Investors

By Ajoy K Das | 11/04/2024

The RBI is concerned about unauthorised FX platforms, inadequate price transparency, and the lack of global participation by Indian players.