How RBI’s New Regulations on Consumer Credit Will Affect Fintech Lenders   On November 25th, 2023, the Reserve Bank of India (RBI) announced that it would be tightening regulations for consumer credit by requiring banks and non-banking financial corporations (NBFCs) to assign a higher risk weight for unsecured personal loans. Though this change will not apply to housing loans, education loans, vehicle loans, and gold loans, these new regulations will still impact the fintech industry. […]

Penalties Soar as RBI Intensifies Scrutiny of Banks and NBFCs   The Reserve Bank of India (RBI) has ramped up its scrutiny of banks, non-banking financial companies (NBFCs), and other regulated entities, leading to a significant increase in penalties. According to data compiled by Mint, the RBI has imposed penalties amounting to ₹71.4 crore across 56 cases so far this year, compared to ₹26 crore in fines across 34 cases for the entire previous year. […]

Why Retail Investors Should Count on SEBI-Registered Investment Advisors   As a patient is advised to visit a doctor for proper diagnosis instead of relying on self-diagnosis and a malfunctioning electrical connection needs an electrician for service, an investor who intends to invest in mutual funds and securities is encouraged to seek the services of a SEBI-registered investment advisor (RIA). Most young investors are inclined to follow unsubstantiated advice from influencer personalities on social media […]

SEBI to Propose New Delisting Rules to Enhance Transparency and Trust in the Stock Market   Introduction The Securities and Exchange Board of India (Sebi) is set to propose a review of its regulations for delisting stocks to ensure transparency and trust in the stock market. During a recent conference, Sebi chairperson Madhabi Puri Buch announced that a consultation paper has already been circulated, and the board will discuss the proposal in its next meeting. […]

Role of SEBI in Balancing Development, Regulation, and Investor Protection   The Challenge of Balancing Three Ends The Securities and Exchange Board of India (Sebi) plays a crucial role in maintaining a delicate equilibrium between regulating and developing markets while safeguarding investor interests, according to Amarjeet Singh, a whole-time member of Sebi. During his speech at the Gatekeepers of Governance event, Singh compared Sebi’s role to that of a trapeze artist walking on a thin […]