India

Securities / Derivatives

SEBI to Enhance Disclosures on IPOs by Loss-making Tech Firms

By Ranamita Chakraborty | 23/02/2022

SEBI proposes that new age technology companies be required to disclose all presentations made to pre-IPO investors during the three years prior to the IPO.

Capital / Liquidity

RBI Extends Deadline for New NBFC Asset Classification Norms

By Mark Johnston | 22/02/2022

The new norms would have led to a spike in non-performing assets for NBFCs and, hence, higher provisioning.

Market Infrastructure

Nepal to Become First Country to Deploy India’s UPI

By Editors | 21/02/2022

Nepal’s UPI is expected to be deployed over the next few months, with all the functionalities and features presently available in India.

RBI to Consolidate Reg Reporting Requirements in Single View

By Editors | 21/02/2022

The RBI will withdraw 100 circulars and consolidate all regulatory reporting and return submission requirements on a single webpage.

Securities / Derivatives

Splitting Chairman, MD, CEO Roles No Longer Mandatory: SEBI

By Sanday Chongo Kabange | 17/02/2022

Only 54 percent of the listed companies in scope had complied with the rule as of end-2021, so it will instead become voluntary.

India Establishes New Disclosure Framework for CSR Spending

By Ranamita Chakraborty | 16/02/2022

The Ministry of Corporate Affairs has released a new form for companies to use when reporting information on their CSR spending.

Securities / Derivatives

RBI Allows Banks to Deal in Foreign Currency Settled OIS

By Editors | 15/02/2022

AD Cat-I banks are eligible to offer foreign currency settled overnight indexed swaps to persons not resident in India as well as to other AD Cat-I banks.

Securities / Derivatives

RBI Finalises Master Directions for Credit Derivatives Market

By Manesh Samtani | 14/02/2022

The revised directions are aimed at helping to develop more liquidity in the corporate bond market, especially for the bonds of lower-rated issuers.

Securities / Derivatives

SEBI Revises Format for Abridged Prospectus Disclosures

By Editors | 13/02/2022

The format has been revised to offer greater simplicity, clarity and consistency in the disclosures, and to ensure additional critical information is provided to investors.