Big Bang Banking Reforms
Big Bang Banking Reforms: Consolidation of Indian Public Sector Banks With an aim to strive towards a USD 5 trillion economy and cleaning up the banking sector notoriously saddled with NPAs, the Government of India has prescribed the consolidation pill yet again....
Streamlining the FDI reporting process
The Reserve Bank of India (RBI) has introduced two new forms with the objective of simplifying and reducing the procedure related to reporting of foreign investment in Indian entities under the Foreign Exchange and Management Act, 1999 (FEMA). These two...
SEBI overhauls IPO norms, other regulations
The norms related to initial public offering (IPO) along with the existing regulatory mechanism related to stock exchanges and depositories is being overhauled by the Securities and Exchange Board of India (SEBI). As per the signals received from SEBI,...