Page-33 of Economy & Banking Current Affairs

Additional Disclosure Norms for “High-Risk” FPIs

June 2, 2023

The Securities and Exchange Board of India (SEBI) has recently released a consultation paper aimed at strengthening investor protection and promoting transparency in the Indian securities market. It recently unveiled a consultative paper that called for mandatory additional disclosure norms ..

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Currency Demand Paradox

June 1, 2023

The currency demand paradox, often referred to as the “paradox of banknotes,” is a phenomenon where the value of banknotes in circulation increases despite a decline in their use for payments. This intriguing trend has been observed in several nations ..

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Expected Loss-based Approach for Bad Loan Provisioning

May 31, 2023

The Reserve Bank of India (RBI) has outlined its plans for the upcoming financial year, 2023-24. Among the proposed measures to strengthen the bad loan resolution ecosystem is the introduction of an expected loss-based approach for provisioning. This method allows ..

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SEBI Guidelines for IPF and ISF

May 31, 2023

Comprehensive guidelines were issued recently by SEBI for the Investor Protection Fund (IPF) and Investor Services Fund (ISF). These guidelines cover various aspects, including the constitution, management, contribution, and utilization of the funds. Additionally, SEBI has provided a Standard Operating ..

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Lightweight Payment and Settlement System

May 31, 2023

The Reserve Bank of India (RBI) is paving the way for a lightweight payment and settlements system, which it aptly calls a “bunker.” The Purpose of the Lightweight Payment System The RBI envisions the lightweight payment system as a means ..

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SEBI’s Intermediary Advisory Committee

May 30, 2023

To ensure transparency and efficiency in the operations of market intermediaries, Sebi has established the Intermediary Advisory Committee. The Purpose of Sebi’s Intermediary Advisory Committee Sebi’s Intermediary Advisory Committee serves as an essential forum for suggesting changes to the legal ..

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Prohibition of Differential Rights to AIF Investors

May 26, 2023

The Securities and Exchange Board of India (SEBI), the regulatory body overseeing India’s financial markets, has put forth recommendations to ensure fair treatment and proportional rights for Alternative Investment Fund (AIF) investors. These proposals aim to safeguard the economic interests ..

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What is C-KYC Database?

May 24, 2023

The Reserve Bank of India (RBI) has recently classified the Centralised Know Your Customer (c-KYC) database as high risk, posing challenges for financial institutions. This move has prompted banks to explore alternative methods for customer authentication, such as video KYC ..

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