The Reserve Bank of India (RBI) proposed some new rules for managing the risks associated with algo-based lending. Regulated Entities (REs) utilise models throughout the credit management life cycle for borrower selection, credit scoring, pricing, risk management, and credit loss provisions. The draft circular from RBI, ”Regulatory Principles for Management of Model Risks in Credit”, …
Introduction Japan’s yen hit mid-January highs around 145.28 in Monday’s intraday deals, extending its recent appreciation against the US dollar. Japan’s currency has appreciated by 10 percent against the dollar in just over three weeks, partly driven by the Bank of Japan’s (BoJ’s) 15-basis points rate hike to 0.25 percent last week. Earlier, on March …
Corporate Capital Ventures, a Delhi-based merchant banker specialising in SME IPOs, is under investigation by the Securities and Exchange Board of India (SEBI) for alleged irregularities in managing public issues. The probe was initiated following an anonymous complaint alleging insider trading by the merchant banker’s directors and their associates. The complaint specifically pointed to the …
The Securities and Exchange Board of India (SEBI) has levied a ₹2 crore fine on JM Financial Asset Management, its trustee company, and key personnel for irregularities related to the valuation and sale of defaulted Dewan Housing Finance Corporation (DHFL) securities. The investigation revealed an unusual surge in the Net Asset Value (NAV) of certain …
The Nifty Bank index has extended its fall for the third straight day in early deals on Thursday, marking a fresh one-month low. The index is down by a little over 5% from its high of 53,357.70, which was registered on July 04, 2024. Formation of Lower Highs and Lower Lows The Nifty Bank index …
The Securities and Exchange Board of India (SEBI) is the regulatory framework that helps maintain the integrity of the stock market by enforcing strict guidelines and rules that govern the conduct of market traders and investors. By monitoring and supervising the activities of various entities involved in the securities market, SEBI aims to prevent fraudulent …
One of the most important questions confronting individuals is whether the budget will result in more disposable incomes. Disposable incomes are a factor of expenses, incomes and other outlays. Let us look at a few pointers… Will the budget improve disposable incomes for individuals? The salary slabs have been largely kept neutral for tax purposes. …
Equity mutual funds have seen huge inflows in the last three years, which largely reinforces the faith Indian investors have in equity markets. While equities and equity funds are high on the risk scale, they offer the best wealth creation over the long term. Here are seven key reasons to invest in equities and equity …
Irrespective of the discordant comments from the bankers around the world and high stock prices, the Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) continue their buying in the equity market. In the month of September, financial markets saw lifetime highs with NSE’s Nifty50 almost touching the 18000 mark whereas BSE’s Sensex traded beyond …
Market regulator Securities and Exchange Board of India (SEBI) has recently directed that senior management of asset management companies (AMCs) will be paid 20 per cent of their compensation by way of scheme units in which they have played a role or have overseen. If AMCs consider paying 20 per cent, according to SEBI’s circular, …
