RBI
Revised financial sector code aims to clip RBI’s wings
24 Jul 2015
As per the revised financial code, the seven-member Monetary Policy Committee, with just three representatives from the RBI will decide on the monetary policy and the RBI governor will have no veto power – only a second casting vote
RBI allows NRIs to subscribe to chit funds
12 Jun 2015
India secures top rating in all financial market norms
11 Jun 2015
In the latest global 'assessment study' of the regulatory framework for financial market infrastructures across the world, only six countries - India, Australia, Brazil, Hong Kong, Japan and Singapore - have got the highest score of '4' for all eight parameters on a scale of one to four
RBI proposes ownership shift in debt restructuring
09 Jun 2015
Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt
