SEBI Panel on Governance of Stock Exchanges

SEBI has constituted a committee that will review and make recommendations for the strengthening of governance norms at market infrastructure institutions (MIIs) and stock exchanges. Overview: The committee has been constituted after the alleged corporate lapses of governance at NSE ..

Month: Current Affairs - April, 2022

Category: Economy & Banking Current Affairs

BSE and IIT Alumni sign pact: To encourage startups listing

On July 13, 2020, the Bombay Stock Exchange (BSE) and IIT Alumni Council signed a pact to encourage listing of startups. The pact will help to develop high investor depth platform for startup companies. The platform is to be developed ..

Month: Current Affairs - July, 2020

20-member “Usha Thorat Committee” formed

On July 10, 2020, 20-member advisory committee under the leadership of former deputy governor of Reserve of Bank of India, Usha Thorat was formed. Highlights The Securities and Exchange Board of India revamped its committee that advises capital market regulator ..

Month: Current Affairs - July, 2020

Wipro bags $300 mn contract from ICICI Bank to provide digital technology led services

The digital transformation and IT services major, Wipro Limited has bagged a strategic contract valued at $300 million from the ICICI Bank to provide digital technology led services. Under the contract, Wipro will offer a comprehensive suite of services to ..

New Norms Proposed for Municipal Bonds

The market regulator Securities and Exchange Board of India (SEBI) has proposed a new set of norms for listing and trading of municipal bonds on stock exchanges and to channel household investments into urban infrastructure development. Norms Proposed A municipal ..

HDFC Bank recognized as India’s No. 1 Bank: Forbes Magazine

As per Forbes World’s Best Bank survey, HDFC Bank has been recognized as number 1 bank by customers in India. HDFC Bank emerged as India’s No 1 bank. ICICI Bank was at number 2 and SBI was ranked 11th in ..

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 ..

President Approves Amendments to Indian Stamp Act 1899

President Ram Nath Kovind has given the assent for the amendments to the Indian Stamp Act 1899 introduced as part of the Finance Act 2019. Amendments Proposed The amendments proposed are: Creation of the legal and institutional mechanism to enable states ..

Month: Current Affairs - February, 2019

BSE becomes first Indian stock exchange to get US SEC’s DOSM recognition

BSE Ltd (earlier known as Bombay Stock Exchange) became first Indian exchange to be designated as Designated Offshore Securities Market (DOSM) by United States Securities and Exchange Commission (US-SEC). Key Facts DOSM status will allow sale of securities to US ..

Month: Current Affairs - May, 2018

Rajasthan Government ties up with HDFC bank to promote and nurture startups in state

Recently, the Rajasthan Government and HDFC Bank have signed MoU to promote and nurture startups in the state. As per pact, HDFC Bank will team up with the state government to provide end-to-end solutions including current accounts, credit cards and ..