Tags » International Business

RBI Circular - Implementation of Section 51-A of UAPA

Implementation of Section 51-A of UAPA, 1967-UNSCR 1267(1999)/1989(2011) Committee’s Al Qaida Sanctions List and UNSCR 1988 (2011) Taliban Sanctions List- Modification in the Listing Format… 239 more words

Blogger

RBI changes public deposit rules for NBFCs

The Reserve Bank of India (RBI) on Friday made revisions to the norms for non-banking finance companies (NBFCs).

These now say that if there is a downgrading of credit rating, below the minimum specified investment grade, an NBFC should immediately stop accepting public deposits. 267 more words

Blogger

SEBI issues guidelines for international financial centres

SEBI issues guidelines for international financial centres



Moving a step closer to having a Dubai and Singapore-like international financial services centres (IFSCs), India’s capital markets regulator Sebi on Friday issued broad guidelines for IFSCs – the first of which is to come up in Gujarat as Gujarat International finance Tec-City (GIFT). 516 more words

Blogger

SEBI sets cap on application money

SEBI sets cap on application money; requires issuer to demand 25% of issue price in case of part payment

1.These regulations may be called the SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2015. 197 more words

Blogger

China Now Third Largest Arms Exporter

The Stockholm International Peace Research Instituter recently discovered that the amount of exports of arms from China had increased 143 percent from 2010 to 2014, making China the world’s third largest arms exporter. 395 more words

International Business

Banco de Madrid Files for Bankruptcy

On Monday, March 16, Banco de Madrid, a small Spanish bank which mainly catered to wealthier clients, filed for bankruptcy.

The bank has approximately 15,000 clients and has 21 offices. 434 more words

International Business

GE Sells Off Consumer Arm in Asia-Pacific

General Electric Co. made the decision to sell off its consumer lending arm of GE Capital in Australia and New Zealand. The New York Times reported that the unit would be sold to a collection of public and private investors, which include Kohlberg Kravis Roberts & Co, Värde Partners, and Deutsche Bank. 474 more words

International Business