India

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.

Fintech / Regtech

NYDFS Issues Guidance on Combatting AI-Related Cyber Risks

By Nithya Subramanian | 18/10/2024

The guidance highlights four key threats arising out of AI and offers recommendations on security controls and mitigation measures.

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.

Securities / Derivatives

SEBI Eases Reporting Requirements for Market Participants

By Ajoy K Das | 27/09/2024

SEBI said the changes will achieve about INR 2 billion in cost savings for the market ecosystem over the next five years, while also enhancing efficiency and productivity.