In the instant issue of trading halt at NSE on February 24, 2021, NSE informed SEBI at around 11.30 am on February 24, 2021 that it had issued a communication to the market for halting trading from 11.40 am due to issues with the links with telecom service providers
SEBI has advised NSE to carry out a detailed root cause analysis of the trading halt witnessed at NSE today and also explain the reasons for trading not migrating to the disaster recovery site. SEBI has asked NSE to submit its report at the earliest.
Reserve Bank of India Date : Feb 22, 2021 Minutes of the Monetary Policy Committee Meeting February 3-5, 2021 [Under Section 45ZL of the Reserve Bank of India Act, 1934] The twenty seventh meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held from […]
Presently, in terms of Securities Contracts (Regulation) Rules, 1957 (SCRR), issuers with post issue market capital of at least Rs 4,000 crores or more, are required to offer to public at least 10% of its post issue market capital (‘Minimum Public Offer’ – MPO). Further, such issuers are also required to achieve a minimum public shareholding (MPS) of at least 25% within three years from the date of listing.
Reserve Bank of India has released today the Draft Reserve Bank of India (Credit Derivatives) Directions, 2021. Comments on the Draft Directions are invited from banks, market participants and other interested parties by March 15, 2021.
Reserve Bank has announced setting up of an Expert Committee on UCBs to examine the issues and to provide a road map for strengthening the sector, leveraging on the recent amendments to Banking Regulation Act, 1949 (As Applicable to Cooperative Societies).
In the Budget speech 2021-22, it has been announced that ‘debtfinancing of InvITs and REITs by Foreign Portfolio Investors will be enabled by making suitable amendments in the relevant legislations.
Considering the importance of professional and other service providers for the development of financial products, financial services and financial institutions in the International Financial Services Centres (IFSC), a framework for enabling ancillary services has been notified.
The Reserve Bank of India (RBI) today released the Annual Report of the ‘Ombudsman Schemes of the Reserve Bank for the year 2019-20’. The Banking Ombudsman Scheme (BOS) was first notified by the Reserve Bank in 1995 under Section 35 A of the Banking Regulation Act, 1949.
Reserve Bank of India Date : Feb 05, 2021 Statement on Developmental and Regulatory Policies This Statement sets out various developmental and regulatory policy measures on (i) liquidity management and support to targeted sectors; (ii) regulation and supervision (iii) deepening financial markets; (iv) upgrading payment and settlement systems and (v) consumer protection. I. Liquidity Measures 1. […]
