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'FSDC not meant to be a super regulator'
The Union finance ministry has again taken pains to emphasize that the newly formed Financial Stability and Development Council (FSDC) won’t be a ‘super regulator’. “That is out of the question,” a key ministry official told Business Standard. FSDC, he noted, was not a statutory body. The commission, to be chaired by the finance minister, is meant as a broad “regulatory
The Union finance ministry has again taken pains to emphasize that the newly formed Financial Stability and Development Council (FSDC) won’t be a ‘super regulator’. “That is out of the question,” a key ministry official told Business Standard. FSDC, he noted, was not a statutory body. The commission, to be chaired by the finance minister, is meant as a broad “regulatory
FMC to join band of independent regulators
Will get powers to levy fines and penalties and allow options trading in commodities.
Will get powers to levy fines and penalties and allow options trading in commodities.
Is splitting RBI an option?
This may look like a finance ministry question, but no one in North Block is raising it right now. The possibility of the ministry raising such a question, though, is no longer remote. Not because
This may look like a finance ministry question, but no one in North Block is raising it right now. The possibility of the ministry raising such a question, though, is no longer remote. Not because
Ajit Ranade: A spat swallows RBI's autonomy
A year ago, the capital markets regulator, Securities and Exchange Board of India (Sebi), asked that mutual funds not charge any entry load for investments by their subscribers. This was quite a
Bankers back RBI stand on 'super regulator' panel
Say multiple supervision not in anyone’s interest.
Say multiple supervision not in anyone’s interest.
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