SEBI clarifies prohibited associations in securities market
The circular, directed to all registered intermediaries, recognized stock exchanges, clearing corporations, and depositories, addresses critical aspects of the amended SEBI regulations
Fed hits pause button, Powell says guided by economic goals and the law, not politics
It’s the first key decision from the central bank under President Donald Trump’s second term, and comes after Trump said he should have some say in Fed policy.
AIBEA urges Government to strengthen PSBs ahead of Budget 2025
AIBEA reiterated its opposition to the privatization of public sector banks, particularly calling for the government to retain a minimum 51% stake in IDBI Bank. The letter also urged Bank of Baroda to merge its subsidiary, Nainital Bank, rather than selling it. Additionally, the association raised concerns about aggressive cross-selling of insurance products by banks, calling for a renewed focus on core banking services.
RBI to Conduct USD/INR Buy/Sell Swap Auction to Inject Liquidity
According to the RBI’s notification, the auction will take place between 10:30 AM and 11:30 AM on January 31, 2025. The near leg (spot) settlement date for the swap is February 4, 2025, while the far leg settlement date is August 4, 2025.
RBI Conducts Daily Variable Rate Repo Auction, Allots ₹1.39 Lakh Crore
The Reserve Bank of India (RBI) conducted a one-day Variable Rate Repo (VRR) auction on January 28, 2025, to address
RBI Announces Liquidity Management Measures
The central bank will conduct Open Market Operations (OMO) through the purchase of Government of India securities amounting to ₹60,000 crore. These will be carried out in three tranches of ₹20,000 crore each on January 30, February 13, and February 20, 2025.
RBI Supersedes Board of Aviom India Housing Finance, Appoints Administrator
The central bank has appointed Shri Ram Kumar, former Chief General Manager of Punjab National Bank, as the Administrator for the company under Section 45-IE(2) of the RBI Act. This move comes as part of RBI’s efforts to address financial and governance issues in the company and safeguard the interests of its stakeholders.
NCLAT junks order for fresh valuation of Educomp arm’s shares in US firm sold by SBI Singapore
Wondering over the basis on which the Delhi bench of NCLT passed direction for fresh valuations, the appellate tribunal said Educomp Asia Pacific Pte Ltd (EAPPL) was being liquidated over the order passed by the High Court of Singapore and issues regarding the valuation of shares in The Learning Internet Inc could have been raised there in the proceedings.
Sensex cracks 824 pts to end at over 7-month low as Trump’s tariff rhetoric upsets investors
The 30-share BSE barometer plunged by 824.29 points or 1.08 per cent to close at 75,366.17 with 23 of its constituents ending lower and seven with gains. During the day, the barometer plummeted 922.87 points or 1.2 per cent to a low of 75,267.59.
RBI Conducts Daily Variable Rate Repo Auction: Key Outcomes
The Reserve Bank of India (RBI) conducted its daily Variable Rate Repo (VRR) auction on Monday, garnering significant interest from