ESMA likely to seek board help to resolve stalemate with RBIThe developments come at a time when European banks are shelling out hefty sums as central counterparty exposures for dealing with the Clea...
For bond trading, foreign banks ready locally-compliant structuresEuropean banks likely to be affected by the impasse between the European Securities and Markets Authority (ESMA) and the Reserve Bank of In...
EU financial regulators disqualify 6 Indian counterpartiesAccording to a communique by The European Securities and Markets Authority (ESMA) dated October 31, 2022, no "cooperation arrangements" (co...
European regulators disqualify key Indian institutionsAccording to banking circles, the decision to disqualify Indian market counterparty institutions stems from the stand-off between Indian an...
MIBOR anyone? Something is not okay hereEvery morning, MIBOR is calculated on the basis of traded rates of a dozen banks in the first hour of the market. But as the day progresses...
Will this new platform for retail foreign exchange customers benefit you?Customers can expect their overall foreign exchange transaction costs to come down with this facility- a centralised electronic forex tradi...
Central Bank sells 4% stake in Clearing Corp for Rs 118 crICICI Lombard said to have bought shares from the bank under PCA
SBI receives board approval to divest 4.40% stake in CCILThe Executive Committee of Central Board (ECCB) in its meeting held today has accorded its approval for divestment of 22 lakh equity shares.
Cotton export pegged at 67 lakh bales in current marketing yearThe shipments were aggregated at 58.21 lakh bales during 2016-17 marketing year, Minister of State for Textiles Ajay Tamta said in a writte...
IDBI puts CCIL and SIDBI stake on the blockSale of non-core assets are central to the bank’s strategy which aims to garner around Rs 5,000 crore.
Financial Benchmarks India Pvt Ltd to begin setting overnight benchmark ratesThe FBIL also proposes to take over administration of forex benchmarks and other Indian Rupee interest rate benchmarks over a period of tim...
- RBI guidelines on Credit Default Swap operational from today
RBI today operationalised new guidelines on credit default swap (CDS), directing market participants to report such trades within 30 minute...
- Bonds trading weaker
Bonds are trading weaker as the extra borrowings that the government is set to hit the market in the coming weeks, is weighing on traders' ...
- RBI to regulate MasterCard, Visa and Western Union
RBI has taken the first step towards regulating all payment and settlement service providers such as Mastercard, Visa, & First Data. Gettin...
- Fimmda to keep track of corp bonds
Banks and non-bank finance companies (NBFCs) would now have to report all secondary market trades in corporate bonds to the Fixed Income,
- You may soon be able to trade corp bonds online
Sebi is believed to have cleared proposal to allow screen-based trading
- Many loose ends in banks' market exposure norms
By linking the exposure cap to the capital, Reddy has rationalised the norms. But the draft norms have raised a few questions.