- Subbarao meets FM; expresses concern over ULIP Ordinance
RBI Governor D Subbarao asked the government to relook the Ordinance it had issued last month to end the IRDA-SEBI turf war over control of...
- Subbarao meets FM; expresses concern over ULIP Ordinance
Concerned over dilution of its role in dealing with inter-regulatory disputes, RBI Governor D Subbarao today asked the government to relook...
- Hands Off!
The RBI’s angst over the Securities and Insurance Laws (Amendment and Validation) Ordinance promulgated last month is understandable.
- Consult home nation on bank action: IMF
A panel will soon debate the International Monetary Fund’s proposal that a bank regulator looking to act against a global bank in a crisis,...
- Projects worth over 58,000 crore approved including Infy,Wipro
Karnataka government today approved 60 new industrial projects involving an investment of Rs 58517.7 crore including two projects of Infosy...
How the global turmoil hits balance sheetsCapital Markets (HLCC )which were thought to be formulaic, with little of substance being discussed." We believe this to be a worrisome sta...
- Finmin to kick off consultations on co-ordinator for financial regulators
The finance ministry will soon circulate a consultation paper on the proposed inter-regulatory co-ordination body as it looks for an instit...
- IRDA-SEBI row over ULIP had been on HLCC agenda: RBI
Regulators SEBI and IRDA had agreed to settle the issue of jurisdiction over ULIPs mutually at the High Level Coordination Committee (HLCC)...
More baby steps are better than big leaps: Duvvuri SubbaraoFew central bank governors have had as tough an initiation into office like Duvvuri Subbarao.
- Which regulatory structure?
HLCC failure stands out the most in spat bw Sebi & Irda.
All set for super regulator in financial sectorThe government has set the ball rolling for the creation of a super regulator in the financial sector with the proposed creation of Financi...
- Inflation sector-specific to die out very soon: Finmin Advisor
A surge in the wholesale and foodprice inflations, which is largely on account of the zooming food prices, is sector-specific and will not ...
- India to come out with paper on financial stability in 2 mths
The government on Wednesday said it will come out with a paper on financial stability in two months.
- 'Stability at risk from tension between fiscal, monetary policy'
Cautioning the government that growing tension between fiscal and monetary policies can hit financial stability, the Reserve Bank of India ...
- Super monitor for markets in the offing
The finance ministry is considering a proposal to give statutory powers to the high-level co-ordination committee on capital markets (HLCC)...
- HLCC meets to give budget suggestions
Ahead of the budget, high level co-ordination committee on financial markets met under the chairmanship of Reserve Bank Governor to finalis...
- High level panel on financial markets meets
A high level committee on the financial markets is understood to have discussed the issue of raising cap for bringing money raised overseas...