The Reserve Bank of India has updated bank capital rules, aligning them with global standards and clarifying how lenders assess trading partner default risk. New guidelines require banks to include trading-partner exposures from all consolidated entities. Updated ‘add-on’ percentages for off-balance-sheet trades like derivatives are now in effect, impacting capital requirements for clearing members on exchanges.
US Stock Market | SoftBank’s PayPay plans to price US IPO around low end of range, sources say
The initial public offering of SoftBank’s PayPay is likely to price around the low end of its marketing range as war in the Middle East