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India Moots Tighter Loan Provisioning Rules
By Samuel Riding | 21/12/2015
RBI proposes banks increase provisions for loans to customers with ‘sub-standard’ borrowing from other lenders.
Indian Banks Face Pressure to Name Defaulters
By Samuel Riding | 18/12/2015
Supreme Court says information cannot be withheld on grounds of bank rules and confidentiality.
SEBI to Set Fund Commission Rules, Discussing Crowdfunding
By Samuel Riding | 08/12/2015
Indian market regulator frustrated by mutual fund association delays; expects to introduce crowdfunding proposals next month.
Indian Banks Challenge Base Rate Proposals
By Samuel Riding | 07/12/2015
State Bank says lenders want rule linking base rates to marginal cost of funds to be reconsidered.
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 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.
Dhanlaxmi Bank Fined for KYC Violations
By Samuel Riding | 06/11/2015
RBI sanction comes after warning notice and arrest of former Dhanlaxmi officials.
RBI Considering Inter-regulatory Provisions in Bank of Baroda Case
By Samuel Riding | 29/10/2015
Reserve Bank of India began investigation on 12 October into remittances for allegedly non-existent imports.
Reserve Bank of India Plans IT Unit to Check Cyber Threat
By Editors | 26/10/2015
Governor Raghuram Rajan expects subsidiary to take shape in the next six to eight months.
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