india

NSE Outage: Interoperability won’t work

While most brokers have upgraded their backend systems to trade, their front-end systems have not been upgraded.They are not compliant with Sebi’s interop circular of November 2018 and no one seems to be either aware of this, nor has anything been done about it so far, explains Debashis Basu. On February 24, the National Stock […]

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Sebi eases valuation norms for AT-1 bonds

Implementation of 100-year valuation norm pushed to April 2023. The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuing perpetual bonds. The norms, which had sought to value banks’ deemed residual maturity of Basel III additional tier 1 (AT1) bonds as 100-year debt from April 1, were strongly opposed by […]

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Covid impact: Sebi may give overseas roadshow a miss, again

The regulator typically meets overseas investors in the US and UK in the first half of a financial year, and had opted for a virtual meet last year too. The Securities and Exchange Board of India (Sebi) is unlikely to embark on any overseas roadshows this year to meet foreign portfolio investors (FPIs) in the […]

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NSE trading outage: Calls for more stock exchanges likely to grow

Sebi proposes to relax ownership rules to allow more entrants in the exchange space, which is seeing a disruption globally with the emergence of new technologies such as block chain. The technical glitch at the National Stock Exchange (NSE) on Wednesday is likely to give more credence to market regulator Securities and Exchange Board of […]

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SEBI to deal with causes of NSE glitch

A day after technical glitches halted trading at NSE for around four hours, market regulator SEBI on Thursday affirmed it will take all necessary measures to ensure the underlying causes, including ‘institutional deficiencies,’ are addressed. “SEBI would take all necessary measures to ensure rectification of the underlying causes including addressing institutional deficiencies,” it said in […]

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SEBI mulls stress tests, swing pricing for MFs

Move to ensure liquidity in debt mutual funds, committee to work on measures, says Chairman Tyagi The Securities and Exchange Board of India (SEBI) is contemplating policy measures such as stress-testing, minimum asset allocation in liquid assets, and a swing pricing like mechanism to address liquidity issues in debt mutual funds (MFs), said Chairman Ajay […]