India

Crypto / Digital Assets

India Tightens Cybersecurity Requirements for NBFCs

By Editors | 12/06/2017

RBI (the Reserve Bank of India) issued directions to the country’s NBFCs (non-banking finance companies) on information technology and security, […]

Securities / Derivatives

Indian Market Manipulation Cases Surge to Record High

By Editors | 07/06/2017

SEBI (Securities and Exchange Board of India) inquiries into possible market manipulation hit a record high of 174 in the […]

Capital / Liquidity

RBI Intensifies Scrutiny of Banks’ Accounting

By Editors | 05/06/2017

SEBI (the Securities and Exchange Board of India) has asked a trio of listed banks to explain why their own […]

Capital / Liquidity

RBI Sets out NPL Action Plan

By Samuel Riding | 24/05/2017

Central bank warns of enforcement action if banks don’t implement Joint Lending Forum recommendations.

Market Infrastructure

India Transforms Bank Branch Rules

By Samuel Riding | 19/05/2017

Regulation introduces concept of business correspondent-run ‘banking outlet’.

AML / KYC

SEBI Investigating $5bn Penny Stock Scam

By Samuel Riding | 17/05/2017

Indian securities regulator has been using data analytics and surveillance to identify culprits.

Capital / Liquidity

1st Indian Bank Enters RBI Corrective Action Regime

By Samuel Riding | 11/05/2017

IDBI Bank’s business activities restricted due to high NPA and low ROA.

Capital / Liquidity

India to Cut State Ownership of Banks

By Samuel Riding | 09/05/2017

Dilution to 52% stakes to support recapitalisation in pursuit of $12.4bn needed to comply with Basel III.

Capital / Liquidity

RBI Granted More Powers to Tackle Bad Loans

By Samuel Riding | 08/05/2017

Central bank can direct banks on how to deal with stressed assets.