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India needs to remain prepared to deal with external sector vulnerability: FSDCIndia should remain in a state of "full preparedness" to deal with any external sector vulnerability, Finance Ministry said after a meeting...- Budget 2015: Financial Code to be introduced in Parliament soon, says FM JaitleyThe code focuses on the formal process through which the legislative, executive and judicial functions take place in financial regulators.
- Raghuram Rajan changed his views after becoming RBI Governor: BN SrikrishnaHitting back at RBI Governor for his views on FSLRC recommendations, its Chairman B N Srikrishna today said Raghuram Rajan was once in favo...
- Eyeing central bank's support on financial reforms, Government keeps RBI out of FSAT purviewThe central bank’s decisions will not face judicial review by the proposed FSAT that is meant to hear all appeals pertaining to the financi...
- Unified financial regulator plan on despite Raghuram Rajan's criticismRajan had termed the panel’s recommendations, particularly in relation to regulatory functions, as 'schizophrenic' and argued that implemen...
- Modified draft Indian Financial Code likely by mid-2015FSLRC, which submitted its report to the government in March last year, has also given a draft legislation Indian Financial Code.
- Government may give nod to unified financial agencyThe FSLRC, chaired by Justice BN Srikrishna, was commissioned by the previous UPA government and has recommended a unified regulator for th...
- Super regulator may become reality; roadmap on Financial Sector Legislative Reforms Commission soonThe FSLRC was commissioned by the previous UPA government and has recommended a unified regulator for the financial sector.
- Despite many regulators, India’s financial system is closed & risk-prone; fix itIndia’s financial system is shallow, promoting inequality. This financial system requires reform, increasing access for the under-banked an...
- US QE tapering: FM P Chidambaram wants regulators to take preventive stepsFM today asked regulators, including RBI and Sebi, to take preventive steps to neutralise the impact of US tapering that is likely early ne...
- Final decision on FSLRC after consulting all stakeholders: Arvind MayaramGovernment will take final decision on recommendations of Financial Sector Legislative Reforms Commission after consulting all stakeholders.
- RBI, Sebi oppose key suggestions to amend financial sector lawsRegulators say there will be major uncertainties in policy making if all rules passed by them were to be challenged.
- Government invites comments on FSLRC from stakeholders by July 15Former Finance Minister Pranab Mukherjee had announced the setting-up of the FSLRC during his Budget speech of 2011-2012.
- FSLRC proposes unified regulator for financial sector, RBI for banksUnder the proposed regulatory architecture, Sebi, FMC, IRDA and PFRDA would be merged into a new unified agency.
- Make separate regulators for banking and non-banking sectors, suggests panel on financial reformsJustice BN Srikrishna-headed FSLRC, which was set up to suggest changes in financial sector laws, has sought to replace multiple regulation...
- 'Any decision on common finance regulator only after FSLRC report'While the stock market is regulated by Sebi, the commodities market by FMC, insurance sector is regulated by IRDA, while PFRDA manages pens...
- Common financial regulatory platform is fine, but why keep banks out?Banks’ non-banking financial product bizs & their consumer redressal must be brought into an independent agency right away.
- India on course to have navigation system after US, EU, JapanAAI and ISRO, which have jointly taken up the Rs 774 crore project GAGAN, yesterday commenced the process of its Final System Acceptance Te...
- All financial regulators may come under SATIn a first, the government is considering a revamp of the legal system by giving more powers and responsibilities to the Securities Appella...
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