Page-2 of Financial markets

RBI tweaked LCR norms to boost liquidity

In a bid to further improve the cash position of banks, the Reserve Bank of India (RBI) has recently tweaked Liquidity Coverage Ratio (LCR) norms to provide an additional 2% window to lenders. The move will harmonise the liquidity requirements ..

BSE and India INX company Sign MoU With Moscow Exchange

BSE (Bombay Stock Exchange) and India International Exchange (India INX) of India are the first Indian exchanges to sign a pact with Moscow Exchange (MOEX) of Russia to link investor community and companies in both countries besides allowing a capital ..

RBI decides to inject liquidity via forex swaps

The Reserve Bank of India (RBI) has decided to inject rupee liquidity into the system through long-term foreign exchange buy/sell swap — a first-of-its-kind instrument used for liquidity management. The RBI would conduct dollar-rupee buy/sell swap auction of $5 billion ..

SEBI allows custodial services in commodity market

Markets regulator Securities and Exchange Board of India (SEBI) has recently allowed custodial services in the commodity derivatives market. Under the new framework, existing custodians will be permitted to add commodities as an asset class and provide physical delivery of ..

Arundhati Bhattacharya appointed as new SWIFT India Chairman

Arundhati Bhattacharya, former chairman of State Bank of India (SBI) has been appointed as SWIFT India Chairman. She will succeed former banker M V Nair. SWIFT India is a joint venture of top Indian public and private sector banks and ..

Vikram Limaye appointed as Chairman of Working Committee and Director on Board of World Federation of Exchanges

Vikram Limaye, the MD and CEO of National Stock Exchange’s (NSE), has been appointed the Chairman of the Working Committee (WoCo) and Director on the Board of the World Federation of Exchanges (WFE). The decision was taken at the global ..