Financial Regulation News - Latest Updates & Headlines
RBI to issue new guidelines for gold loans
Mumbai, April 9: RBI Governor Sanjay Malhotra announced on Wednesday that it has been decided to issue comprehensive regulations on prudential norms and conduct-related aspects for gold loans following concerns raised over the issue.
Regulatory easing to support India's credit growth expansion at 10.8% in FY26: ICRA
New Delhi, April 8: Rating agency ICRA expects India's credit growth to expand at 10.8 per cent in the current financial year 2025-26.
Stock short selling reaches $4.38 billion in 1st week of resumption in S. Korea
Seoul, April 6: Short selling activity in South Korean amounted to 6.4 trillion won ($4.38 billion) in the first week after a more than a yearlong ban was lifted, the bourse operator said on Sunday.
India's financial system has become more resilient, diverse: SEBI
New Delhi, April 5: India’s financial system has become more resilient and diverse, driven by rapid economic growth, and regulatory framework in securities markets has been enhanced in line with international practice to manage and prevent emerging risks, the Securities and Exchange Board of India (SEBI) said on Saturday, citing a latest IMF-Financial System Stability Assessment (FSSA) report.
No special treatment from govt or any regulatory authority: LIC on USTR remark
New Delhi, April 4: The Life Insurance Corporation of India (LIC) on Friday said it receives no special treatment from the government or any regulatory authority, after a United States Trade Representative (USTR) report claimed that LIC is being given favourable treatment by the Centre.
South Korea to fully lift short selling ban this week
Seoul, March 30: South Korea is set to fully lift the ban on stock short selling this week for the first time in five years, and shipbuilders, steelmakers and battery makers will likely be the targets of such trading practices, according to market watchers on Sunday.
RBI Governor sees AI as key tool to combat money laundering
Mumbai, March 26: Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk assessment framework to make appropriate system enhancements.
SEBI raises disclosure threshold for FPIs to Rs 50,000 crore
Mumbai, March 24: The Securities and Exchange Board of India (SEBI) on Monday announced that it has approved an increase in the disclosure threshold for foreign portfolio investors (FPIs) from Rs 25,000 crore to Rs 50,000 crore.
South Korea's total debt hits record high of over $4.27 trillion
Seoul, March 20: The combined debt of the government, companies and households in South Korea has reached an all-time high amid weak domestic demand and falling revenue, data showed on Thursday.
Ignore speculation, bank remains strong, RBI assures IndusInd Bank depositors
Mumbai, March 15: The Reserve Bank of India (RBI) assured IndusInd Bank depositors of its financial stability following recent speculation about its financial health.
SEBI to remove digital performance tracking from employee appraisals
New Delhi, March 13: The Securities and Exchange Board of India (SEBI) has decided to remove the linkage of its digital Management Information System from employee appraisals.
S. Korea warns of household debt growth, calls for additional regulations
Seoul, March 13: Recent deregulatory moves in the property market and easing of banks' lending rules could stoke household debts, making it necessary for authorities to consider additional measures to ensure financial stability, the central bank said on Thursday.
S. Korean watchdog imposes $55 million fines over illegal stock short selling
Seoul, March 12: South Korea's financial watchdog said on Wednesday it has imposed over 80 billion won ($55 million) in fines on global investors over illegal short selling, with the country set to lift its temporary ban on the stock trading practice at the end of this month.
SEBI issues warning letter to IIFL Capital over debt securities due diligence
Mumbai, March 11: The Securities and Exchange Board of India (SEBI) has issued a regulatory warning to IIFL Capital Services regarding its due diligence in handling debt securities, the company informed the Indian bourses on Tuesday.
SEBI open to discuss and further rationalise regulations for FPIs for ease of operations
Mumbai, March 7: The Securities and Exchange Board of India (SEBI) is open to engaging with foreign portfolio investors (FPIs) to address their difficulties and further rationalise regulations to promote ease of operations, says SEBI Chairman Tuhin Kanta Pandey.
SEBI using technology in big way to protect investors: Tuhin Kanta Pandey
Mumbai, March 7: SEBI Chairman Tuhin Kanta Pandey said on Friday that the capital markets regulator aims to improve efficiency and transparency to protect investors with the support of technology.
SEBI warns public against dealing with Sunshine Global Agro's properties
New Delhi, March 6: The Securities and Exchange Board of India (SEBI) on Thursday warned the public against buying or dealing with any properties belonging to Sunshine Global Agro and its directors.
Illegal short selling: South Korean watchdog levies over $41 mn in fines in 2 years
Seoul, March 4: South Korea's financial watchdog has imposed over 60 billion won ($41 million) in fines on global and local investors over illegal short selling over the past two years, data showed on Tuesday, with the country set to lift its temporary ban on the stock trading practice at the end of this month.
SEBI to initiate 'appropriate legal steps' to challenge ACB Court order against ex-Chairperson
Mumbai, March 2: Markets regulator, the Securities and Exchange Board of India (SEBI) on Sunday said it would initiate "appropriate legal steps" to challenge the order of the ACB Court in Mumbai against its former Chairperson, Madhabi Puri Buch.
New SEBI chairman spells out 4-point mantra for capital markets regulator
Mumbai, March 2: The new SEBI Chairperson, Tuhin Kata Pandey, has a four-point mantra in mind -- trust, transparency, teamwork and technology -- for ensuring the continued efficiency of the capital markets regulator.
Who is Tuhin Kanta Pandey, the new Sebi chief
New Delhi, Feb 28: Tuhin Kanta Pandey, a 1987 batch IAS officer, brings with him a rich experience in handling the country's economic policy and financial administration as he takes over as the 11th chairman of the Securities and Exchange Board of India (Sebi) on March 1. He will be replacing Madhabi Puri Buch, whose three-year term as the Sebi chief draws to an end.
Finance and Revenue Secretary Tuhin Kanta Pandey appointed as SEBI Chairman for 3-year term
New Delhi, February 28: The government has appointed Finance and Revenue Secretary Tuhin Kanta Pandey as the new Chairman of the Securities and Exchange Board of India (SEBI).
Govt appoints Tuhin Kanta Pandey as new SEBI Chief for 3 years
New Delhi, Feb 27: The appointments committee of the Cabinet on Thursday approved the appointment of Finance Secretary Tuhin Kanta Pandey as the new Chairman of the Securities and Exchange Board of India (SEBI).
SEBI imposes Rs 5.05 crore fine on ICCL for cyber security lapses
Mumbai, Feb 25: The Securities and Exchange Board of India (SEBI) on Tuesday imposed a penalty of Rs 5.05 crore on the Indian Clearing Corporation (ICCL), a subsidiary of the Bombay Stock Exchange (BSE), for failing to comply with cyber security and system audit-related rules.
Highest number of Chartered Accountants penalised this 2024-25 fiscal: ICAI
New Delhi, February 19: The year 2024-25 saw the highest number of chartered accountants (CA) penalized for misconduct, said the Indian Institute of Chartered Accountants (ICAI). A total of 2,771 chartered accountants were found guilty of misconduct in the past 18 years.
Mumbai: RBI imposes restrictions on New India Co-operative Bank, freezes withdrawals to protect depositors
Mumbai, February 14: The Reserve Bank of India (RBI) on Friday issued a notice imposing restrictions on New India Co-operative Bank Limited, Mumbai, barring it from carrying out financial operations without prior approval.
Microfinance firms using rowdies to threaten people, their activities will be curbed: K'taka Dy CM
Bengaluru, Feb 3: The Congress government in Karnataka stated on Monday that microfinance companies are using rowdies to harass and threaten people, and their activities will be curbed.
United States: Biden-appointed CFPB Director Rohit Chopra fired, cutting short five-year term
Washington DC, February 1: United States' Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra was fired on Saturday, cutting short his five-year term that was set to run through late 2026, The New York Times reported.
Trump fires Biden-appointee Rohit Chopra who headed consumer protection
New York, Feb 2: US President Donald Trump has fired Rohit Chopra, who was appointed the head of the Consumer Financial Protection Bureau (CFPB) by former President Joe Biden.
Finance Dept must act on unlicensed microfinance companies: K'taka Home Minister
Tumakuru, Jan 22: Karnataka Home Minister G. Parameshwara said on Wednesday that the Finance Department must act against the microfinance companies operating without licenses in the state.
Kazakhstan introduces new financial rules against illegal activities
Almaty, Jan 15: Kazakhstan's Agency for Regulation and Development of the Financial Market has introduced a series of new rules against drug trafficking, illicit circulation of digital assets and other illegal activities.
Explainer: All you need to know about floating interest rate on EMI-based personal loans
Mumbai, Jan 10: The RBI on Friday issued a set of FAQs to clarify its circular on 'Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans' and provide a better understanding of the clauses for the benefit of borrowers.