MF Distributors Approach Sat Over SEBI’s Direction On Commissions Disclosure Mutual fund distributors have approached the Securities Appellate Tribunal (SAT) against the regulator’s direction to disclose the commission received from every individual investor, three people familiar with the development said. “Distributors, represented by United Forum of distributors, have challenged Sebi’s (Securities and Exchange Board of … Read More →
RBI Issues Operating Guidelines For Payment Banks, Small Finance Banks RBI came out with operating guidelines for differentiated banks — payments banks and small finance banks — being set up to bring in new players who would leverage on technology for financial inclusion in a cost effective manner. RBI granted in-principle approvals to 11 entities … Read More →
SEBI to cut IPO listing time to 4 days Last year in Nov, the market regulator had shortened IPO listing time to six days from 12 days Securities and Exchange Board of India (Sebi) Chairman U K Sinha on Tuesday said the regulator would reduce the timeline for Initial Public Offerings (IPOs) to four days … Read More →
SEBI to audit its governance standards The Securities and Exchange Board of India (SEBI) has decided to practice what it preaches in the area of corporate governance and board structure. To start with, the independent board members will conduct a performance audit of the regulatory body. The capital market regulator is also in favour of … Read More →
RBI to rely more on liquidity than rates With Consumer Price Index (CPI)-based inflation dropping to 5.1 per cent in August, the clamour for policy rate cuts has again increased. Much better monsoon rains after two back-to-back droughts and lingering weaknesses in manufacturing have again opened the case for aggressive rate cuts. But has the … Read More →
RBI policy, macroeconomic data key for mkts this week Outcome of the RBI policy meeting on Tuesday and macroeconomic data would set the trading sentiment in the stock market this week, say experts. “Expectation of rate-cut and development on the geopolitical front will dominate trading sentiments this week. The major domestic event this week is … Read More →
PSBs can’t be run like driverless cars: RBI Flagging severe talent crunch at the top in public sector banks (PSBs), Reserve Bank of India Deputy Governor S S Mundra on Wednesday pressed for the need to focus on human resource management. He said there cannot be a “leaderless bank†even if autonomous vehicles edge closer … Read More →
SEBI allows options trading in commodities Capital markets regulator Securities and Exchange Board of India (Sebi) on Wednesday allowed commodity derivative exchanges to launch options contracts for trading with the aim of increasing liquidity and attracting more investors to the commodities market. Sebi said commodity options will facilitate hedging by market participants and help deepen … Read More →
NBFC’s RoE to improve, cost of borrowing to fall: Capital First In an interview on CNBC-TV18, V Vaidyanathan of Capital First said that the cost of borrowing is expected to fall by 100 basis points and all NBFCs will see improvement in return on equity (RoE) due to the change in bond pricing. Moderation in … Read More →
SEBI reviewing rules for stock brokers; ‘code red’ to flag off misuse of client money Stock brokers will have to brace for tighter rules while handling clients’ money and stocks. The Securities and Exchange Board of India (Sebi) is carrying out a comprehensive review of rules for stock brokers after it recently came across instances … Read More →