Reserve Bank of 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.

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.

Securities / Derivatives

India Widens Options for Foreign Investors in GIFT City

By Ajoy K Das | 08/04/2024

Foreign brokers can remotely trade at GIFT City stock exchanges directly. FPIs can invest in Indian sovereign green bonds via GIFT City.

Securities / Derivatives

RBI Defers Implementation of Currency Derivatives Norms

By Ajoy K Das | 06/04/2024

The move is a response to confusion about requirements that only allow trading in exchange-traded rupee derivatives for hedging purposes.

Fintech / Regtech

India Considers New Agency to Verify Online Lending Apps

By Ajoy K Das | 05/04/2024

The so-called “Digital India Trust Agency” would operate a public registry of digital loan apps that have been vetted for regulatory compliance.

Securities / Derivatives

RBI Clarifies Norms for Investment in AIFs by Banks, NBFCs

By Ajoy K Das | 29/03/2024

The RBI said the provisioning requirement only applies to the amount invested in debtor companies and not the entire AIF investment.

Securities / Derivatives

SEBI Directs AMCs to Stop Channelling Funds into Overseas ETFs

By Ajoy K Das | 26/03/2024

AMCs have to stop accepting money from investors to invest in overseas ETFs as an existing $1bn investment limit is close to being breached.

Fintech / Regtech

India to Begin Work on Interoperable Online Banking Payments

By Ajoy K Das | 26/03/2024

NBBL, large banks and fintechs in talks to start work on the new platform next month.