Microfinance lenders play a crucial role in providing financial services to underserved populations, but they often face challenges in accessing a steady flow of funds, particularly during difficult...
The Reserve Bank of India (RBI) recently announced the launch of the ‘100 Days 100 Pays’ campaign on June 1. This campaign aims to trace and settle the...
The Reserve Bank of India (RBI) has recently issued a directive to banks and financial institutions, urging them to adopt an Alternative Reference Rate by July 1. This...
The Reserve Bank of India (RBI) has recently opened a window to permit all India-based firms and innovators to take part in Global Financial Innovation Network’s first-ever Greenwashing...
Recently, Zimbabwe launched a gold-backed digital currency, marking another attempt to stabilize and strengthen its currency. This innovative move aims to address the ongoing challenges faced by the...
The Creditor-led Insolvency Resolution Mechanism is a newly proposed mechanism that aims to reduce delays in the resolution process, which have escalated under the current system, causing legal...
SEBI, India’s regulatory body, has introduced a new framework for testing the IT systems used by market infrastructure institutions (MIIs), including stock exchanges, clearing corporations, and depositories. The...
European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator and supervisor, has derecognized six Indian central counterparties (CCPs) from April 30, 2023, due to no...
The Securities and Exchange Board of India (SEBI) has introduced the Legal Entity Identifier (LEI) system for issuers that have listed or are planning to list non-convertible securities,...
The YREF, a company limited by guarantee, received a subsidy of Rs 2 crore through the National Dairy Development Board (NDDB). The organization is purportedly operated by Sanjay...
