Strengthening Corporate Bond Market

The corporate bond market in India has failed to take off in spite of measures in successive budgets and at least half a dozen committees mandated by the government, the RBI and the Securities and Exchange Board of India (SEBI) to work out measures to develop this market. Importance of a corporate debt market In ..


Utkarsh 2022

Utkarsh 2022 is the three- year roadmap of the Reserve Bank of India (RBI) to improve regulation and supervision, among other functions of the central bank. Roadmap of RBI Utkarsh 2022 is in line with the RBI’s plan to strengthen the regulatory and supervisory mechanism. The three -year medium-term strategy of the RBI inter-alia covers ..

Tapan Ray Committee on Core Investment Companies

The Reserve Bank of India (RBI) has formed a committee headed by Tapan Ray to review regulatory guidelines and supervisory framework applicable to core investment companies (CICs). What is core Investment Company? RBI defines Core Investment Company (CIC) as a non-banking financial company which undertakes the business of acquisition of shares and securities and which ..

Financial Resolution and Deposit Insurance Bill, 2017

In October, 2017, the Financial Resolution and Deposit Insurance Bill 2017 has been referred to a Joint Parliamentary Committee of 30 members from both the Houses. This bill, once becoming a law, would repeals the Deposit Insurance and Credit Guarantee Corporation Act, 1962 to transfer the deposit insurance powers and responsibilities to the proposed Resolution ..

India’s Forex Reserves and United States’ Concerns

In recent months, India’s total Forex reserves are hovering around USD 400 Billion and India is at sixth position in terms of Forex reserves. In the second week of October, the US treasury said that it would closely monitor the RBI’s policies as there is an increased scale and persistence of dollar purchases. Some fundamental ..