Sebi proposes to relax cash settlement norms for foreign investors to reduce financing costs

Capital markets regulator Sebi has proposed allowing foreign portfolio investors (FPIs) to offset their cash liabilities for stock market transactions, a move aimed at improving operational efficiency and reducing financing costs, especially during high-volume trading days such as index rebalancing.In a consultation paper published on January 16, Sebi said the current settlement framework requires FPIs […]

RBI will draw up a weighted AVG call speed at REPO speed by ensuring an optimal system liquidity: revised LMF

In order to reduce the uncertainty in the market about the tenor, quantum and timing of the repo/reverse repo activities, RBI said that it will sufficiently inform the market participants The Reserve Bank of India (RBI) will try to tailor the weighted average call rate (WACR) to the policy repet rate by ensuring an optimal […]