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Digital gold and silver players form self-regulatory body for greater consumer protectionIndia's digital precious metals industry has launched the Digital Precious Metals Assurance Council of India (DPMACI), a self-regulatory bo...
Parliamentary panel may review powers of proposed Sebi ombudsmanA parliamentary panel is reviewing the Securities Markets Code, 2025 Bill. Key issues include the powers of a proposed ombudsman for invest...
Lokpal clears Buch of conflict of interest allegations based on Hindenburg reportThe Lokpal dismissed complaints against former Sebi chairperson Madhabi Puri Buch, which were based on a Hindenburg Research report, citing...
Lokpal calls SEBI chief, complainants for 'oral hearing' over corruption chargesAnti-corruption ombudsman Lokpal has called SEBI chief Madhabi Puri Buch and also complainants, including TMC MP Mahua Moitra, for "oral he...
Lok Sabha MP's complaint against SEBI chief Madhabi Buch 'falls short' of persuading us to order probe: LokpalThe anti-corruption ombudsman Lokpal has found a complaint by a Lok Sabha MP against SEBI chairperson Madhabi Puri Buch unconvincing to war...
Mutual fund industry being vilified baselessly, says AmfiBased on regular monthly fund disclosures, global mutual funds tracking firm Morningstar ranks India on top of 26 countries, said Amfi chie...
New Sebi rules set the stage for formal adoption of ESG from April 1The good news is empirical data reveals that companies embracing ESG standards are performing better than their peers. In short, good gover...
Sebi drops ombudsman concept for securities marketThe Securities and Exchange Board of India (Sebi) has done away with the concept of ombudsman for the securities market because of legal is...
SGX Nifty up 52 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 52 points, or 0.36 per cent, higher at 14,584.50 in signs that Dalal Street was headed for a...
Govt may announce FRA in Budget, forum to deal with plaints of all financial services providersIndia’s existing consumer redressal system is fragmented and overseen by sectoral regulators such as the Reserve Bank of India (RBI) for ba...
Will self-regulation of mutual fund distributors benefit investors?ET Wealth talks to experts to find out if Sebi's proposal to amend self-regulatory organisation rules for MF distributors and advisers will...
Govt mulls unified body for grievances redressal in financial sectorCurrently, there are separate grievance redressal mechanism for insurance, banking services, pension and securities market.
need2know: 7 triggers that could sway the market todayA look at seven macro triggers to influence your market today
Know how to rectify your mutual fund mistakesClosely monitor all statements issued by the AMC. You need to be extra careful if you had made new requests regarding purchase, redemption ...
- Banks may face stern action for customer service lapses
RBI may soon tighten its noose on banks lacking on customer service front by a new set of rules, which could include hefty penalties.
- RBI sets up panel to improve customer service at banks
The Reserve Bank today set up a committee under the chairmanship of former Sebi chairman M Damodaran to suggest ways for improving customer...
- RBI forms panel to put in place a system for grievance redressal
Customers can look forward to a fair treatment from banks with RBI forming a committee to put in place a system for quick grievance redress...
- FM tunes into the regulators
Pranab Mukherjee will visit Mumbai to address the Sebi and RBI boards on Saturday.
- Govt revisits umbrella financial regulator plan
The government is considering a proposal to set up a financial sector oversight agency which could function as umbrella organisation for al...
- I-T dept ignored Raju's diversion of funds
The income-tax dept appears to have turned a blind eye seven years ago to diversion of funds from Satyam to members of Raju family. The fun...