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STANDALONE PRIMARY DEALERS
Standalone dealers get nod to deal in rupee NDFsThe Reserve Bank of India has authorized standalone primary dealers to deal in non-deliverable rupee derivatives, effective immediately. Th...
Shriram Finance seeks RBI license to underwrite govt debtShriram Finance Ltd., a prominent Indian shadow lender, is seeking the Reserve Bank of India's approval to establish a primary dealership t...
ICICI Securities PD looks to augment debt market play, raises Rs 300 crore via bondsICICI Securities Primary Dealership has raised Rs 300 crore through the issuance of bonds as the country’s largest standalone primary deale...
RBI makes additional amount available to primary dealers under liquidity facility“Based on an assessment of the prevailing and evolving liquidity conditions, the Reserve Bank of India has decided that an additional aggre...
Goldman ramps up credit business in India, targets diasporaThe investment bank wants to broaden the range of loans it offers through its shadow banking unit, according to Sonjoy Chatterjee, chairman...
SPDs given wider mandate to widen currency, rate markets“With a view to strengthen the role of SPDs as market makers, on a par with banks operating primary dealer business, it is proposed to enab...
RBI set to overhaul rules for bond housesThe guidelines relating to basic eligibility criteria, viz., net-owned funds (NOF) requirement and targets, remain largely unchanged. The c...
RBI lays down dividend payment criteria for NBFCsThese guidelines follow draft norms issued by the central bank in December 2020.
RBI issues guidelines for NBFCs on dividend distributionThe guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards. The...
Will RBI bail out bond dealers?Any further rise in yields will lead to mark-to-market losses to Primary Dealers, making them more risk averse at a time when New Delhi see...
Standalone dealers to get forex licencesIn order to facilitate SPDs to provide comprehensive services to their FPI clients
RBI doubles limit on investments in corporate bonds by primary dealersRBI has doubled the limit on investments in corporate bonds by primary dealers or bond houses, with an aim to deepen the corporate bond mar...
- RBI allows primary dealers to trade in corporate bonds
To further develop the debt market, the Reserve Bank today allowed standalone primary dealers to trade in corporate bonds.
- RBI asks primary dealers to phase out Tier III bonds
The Reserve Bank asked primary dealers to phase out Tier III bonds, a short-term fund raising tool made available to such companies for mee...
- Primary Dealers triple commission to sell government bonds as devolvement risks rise
Primary dealers who underwrite government borrowings have tripled their commission demands in FY13.
- 'Standalone PDs are a vanishing tribe'
In an interface with ET, VK Gupta, managing director, SBI DFHI, and chairman of Primary Dealers Association, gives his perspective on the f...
- PDs open to rate risks, but have less hedging options
Standalone PDs with diversified business activities will survive in the long run, says Gopalakrishnan Narayanan, MD of the country’s larges...