India

India Probes HSBC Accounts Over Money Laundering Concerns

By Samuel Riding | 24/11/2015

Indian central bank conducted investigation into books of accounts between March and April 2015.

RBI Introduces 5% Rule on Bank Stakes

By Samuel Riding | 19/11/2015

Investors seeking stakes of more than 5 percent in private lenders will require central bank approval.

India Lines up Level Playing Field for Traders

By Samuel Riding | 19/11/2015

BSE addresses HFT concerns by ensuring all market participants have equal market access.

How Regulatory Easing is Attracting Global Capital to India

By Samuel Riding | 19/11/2015

Indian regulators’ forward thinking on market participation and products benefits investors and infrastructure providers alike.

India to Issue Guidelines on Cross-currency Trading

By Samuel Riding | 17/11/2015

Regulators also propose to extend exchange hours beyond 5pm to allow domestic markets to benefit during peak global trading.

SEBI to Ease KYC for Mutual Fund Investments

By Samuel Riding | 12/11/2015

Investments of less than USD3,000 will not require in-person verification.

Dhanlaxmi Bank Fined for KYC Violations

By Samuel Riding | 06/11/2015

RBI sanction comes after warning notice and arrest of former Dhanlaxmi officials.

SEBI Halts Approvals of ‘Copycat’ Mutual Funds

By Samuel Riding | 06/11/2015

India’s capital markets regulator will approve no new funds until existing similar schemes are merged.

Allow Banks to Offer Below-benchmark Rate Loans: SBI

By Samuel Riding | 03/11/2015

State Bank of India says allowing rule change will create level playing field, discourage regulatory arbitrage