RESERVE BANK OF INDIA

SEBI to Assess Compensation Policy at Mutual Funds

By Editors | 18/08/2015

The Securities and Exchange Board of India will start collecting details of salaries paid to employees and top officials at mutual funds to calculate the cost of funds of asset management companies.

RBI Seeks Greater Oversight Over Co-Operative Banks

By Editors | 14/08/2015

The Reserve Bank of India has asked the government to amend laws which will allow the regulator to grant commercial bank licences to urban co-operative banks.

SEBI to Penalise Misuse of Algorithmic Trading Technology

By Editors | 02/08/2015

The Securities and Exchange Board of India has warned that it will penalise anyone trying to manipulate the markets with algorithmic trading technology.

India Looks to Expedite New Bank Licenses

By Editors | 31/07/2015

The Reserve Bank of India has asked the Income Tax Department to expedite the collection of financial and tax history of almost 50 companies seeking licences to operate small finance and payment banks in India.

India to Weaken Central Bank Monetary Powers

By Editors | 27/07/2015

Ministry of Finance releases draft regulation which would revamp the way the RBI sets monetary policy.

India to Introduce Guidelines for Algorithmic Trading

By Editors | 26/07/2015

The Securities and Exchange Board of India is working on guidelines to regulate algorithmic trading and is expected to release them within the next two months.

SEBI Seeks Government Guidance on Commodity Derivatives Participation by Foreign Investors

By Editors | 25/07/2015

The Securities and Exchange Board of India is seeking guidance from the Finance Ministry ahead of its merger with the Forward Market Commission on whether to allow Foreign Portfolio Investors into the commodity derivatives market.

India to Review ‘Call & Put Option’ Rules to Boost Foreign Investment

By Editors | 25/07/2015

India’s Finance Ministry is looking to allow greater pricing flexibility for securities with an exit valuation clause at a rate set beforehand, in a move to attract more private equity and venture capital investment for e-commerce and other emerging sectors.

India Banks to Use Credit Bureaus for KYC Checks

By Editors | 14/07/2015

Indian Banks have started to use credit bureaus to perform identity and background checks as part of their KYC procedures.