Sebi: Sebi OKs faster rights issues, new asset class

Sebi: Sebi OKs faster rights issues, new asset class

Mumbai: The Securities and Exchange Board of India approved several proposals, including the introduction of a new asset class, a shortened timeline for completing rights issues and an increase in the number of stocks eligible for same-day settlement, at a board meeting on Monday that stretched for seven and a half hours. This was Sebi’s … Read more

rbi: RBI proposes norms for disclosure of climate-related financial risks for lenders

rbi: RBI proposes norms for disclosure of climate-related financial risks for lenders

Kolkata: The Reserve Bank of India has told banks and other lenders to disclose more information about their climate-related financial risks so that stakeholders — from regulators to customers — can understand and assess the risk early. Climate-related disclosures by regulated entities is an important source of information for different stakeholders — customers, depositors, investors … Read more