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 →
SEBI rejigs norms for companies to raise funds via REIT, InvIT Market regulator Securities And Exchange Board Of India has tweaked the norms for companies to raise funds via Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT). Firstly, the number of sponsors for REIT can now go up to 5 from the previous … Read More →
CBI raids: Sebi may approach FinMin The Securities and Exchange Board of India (Sebi) is likely to seek clarity from the Finance Ministry on Central Bureau of Investigation’s (CBI’s) scrutiny of its staffers in various high profile cases. Regulator is believed to be miffed with the extensive searches conducted by CBI on Tuesday at the … Read More →
SEBI reverses stand on self-trades The markets regulator will give the benefit of doubt to entities that have carried out self-trades, or orders that match each other but does not result in ownership change, reversing an earlier stance that all such transactions were manipulative. As many as 270,000 of the average 12.2 million orders executed … Read More →
SEBI meeting likely to gift bonanza to FPIs The Securities and Exchange Board of India (Sebi) is likely to announce a slew of measures pertaining to foreign portfolio investors (FPIs) at its board meeting on Friday. These could include foreign funds to own multiple demat accounts, simplification of account-opening procedures and providing a direct membership … Read More →