RBI Interests in Technology and its Impact on the World Order: T Rabi Sankar The Reserve Bank of India (RBI) has clearly shown in recent times a great deal of interest and enthusiasm for the transformative potential of technology across various fields, including the financial system. T Rabi Sankar, the deputy governor of the central bank, highlighted the immense impact of fintech on the global financial industry, speaking at the grand finale of the second […]

RBI Extends PCA Framework to Government-Owned NBFCs from October 2024 The Reserve Bank of India (RBI) has recently announced its decision to extend the Prompt Corrective Action (PCA) framework to government-owned Non-Banking Financial Companies (NBFCs), excluding those in the Base Layer. This significant extension will come into effect from October 1, 2024, based on the audited financial reports as of March 31, 2024, or later. Implications and Restrictions Following the inclusion of government-owned NBFCs in […]

The Role of a CDO (Chief Digital Officer) : Unleashing Digital Transformation In today’s rapidly evolving digital landscape, the chief digital officer (CDO) has emerged as a crucial and strategic executive position within organizations. This article explores the responsibilities of a CDO and provides insights on how aspiring professionals can prepare for such roles. Defining the Chief Digital Officer According to Jayita Roy, VP-HR at Adecco India, a CDO is a senior executive who leads […]

SEBI Evaluates Proposal of NSE for Extended Future and Option Trading Hours Introduction: India’s market regulator, the Securities and Exchange Board of India (SEBI), is currently evaluating a proposal from the National Stock Exchange (NSE) to extend trading hours for index derivatives, according to two unnamed sources with direct knowledge of the matter, as reported on Wednesday. This article delves into the details, examining the potential implications and considerations surrounding the proposal. Examining the Proposal […]

SEBI Extends Surveillance and Trade-for-Trade Settlement to SMEs Introduction: In a recent circular issued by the stock exchanges, the Securities and Exchange Board of India (SEBI) has announced its decision to extend the trade-for-trade settlement framework and short-term additional surveillance measure (ASM) to include small and medium enterprises (SME) stocks. This move is aimed at addressing concerns regarding stock price manipulation in SME stocks. This article delves into the details, providing insights into the purpose, […]