India: Capital Adequacy/BASEL

The Indian financial system is anchored by two major intermediaries: traditional banks and Non-Banking Financial Companies (NBFCs). While banks operate under the Banking Regulation Act, 1949, NBFCs are companies registered under the Companies Act, 1956, which primarily engage in lending, investments, and other financial services which are governed by Chapter III B of the Reserve Bank of India Act, 1934.

Securities Exchange Board of India ("SEBI") issued a circular "Safer participation of retail investors in algorithmic trading" dated February 04, 2025, which aimed at ensuring safer participation of retail investors...

The introduction of Section 194T by the Finance (No. 2) Act, 2024 in the Income-tax Act, 1961 (‘Act'), represents a pivotal shift in the tax regime governing payments...

Technology and digital innovation have improved productivity, efficiency, and competitiveness in the delivery of financial products and services.

In order to provide greater operational flexibility, it has been decided that prior Reserve Bank of India approval for: (a) infusion of capital in their overseas branches and subsidiaries...

RBI has also stated that the derivative contracts executed prior to 1st April 2019 will be exempted while computing the exposure on the HO.

The Reserve Bank of India (RBI) on 17 April 2020 introduced additional regulatory measures to alleviate the impact of COVID-19 pandemic on the Indian economy with a focus primarily on the lending institutions.

The Standing Committee on Finance in its 21st report had highlighted that a company should not be able to freely change the terms of contracts or the objects stated in its IPO prospectus after listing of the shares is achieved.

In its financial stability report dated December 27, 2019, the RBI proposed the New Umbrella Entity for retail payment systems, to offer alternative digital retail payment systems to the consumers, in a space which has been ...