AIFs could get upto Rs 17,000 crore after PFRDA opens NPS door
India’s pension fund regulator has permitted 1% of the ₹17 lakh crore assets under management to be invested in alternative investment funds. This move aims to channel domestic institutional money into private equity and venture capital, addressing a long-standing gap in the alternatives ecosystem.
RBI links bank dividends to CET1 ratio
The Reserve Bank of India has revised dividend payout norms for banks, linking them to Common Equity Tier 1 (CET1) ratios instead of CRAR and NPAs. The new guidelines, effective April 1, 2027, offer greater flexibility to well-capitalized banks, with payouts ranging from 0% to 100% of adjusted profit after tax, subject to a cap.
Equity fund flows pick up in Feb even as SIPs get less
Equity mutual funds saw renewed investor interest in February, attracting significant inflows. This trend indicates a long-term outlook from investors, overlooking short-term market fluctuations. Gold ETFs continued to receive investments, though at a reduced pace. Conversely, silver ETFs experienced outflows as investors booked profits.
HC quashes Rs 1 crore GST seizure, orders return
GST cases: Smruti Waghdhare, proprietor of M/s Platinum International, had challenged seizure orders dated June 27 and June 28, 2023 issued in Form GST INS-02.
Bitcoin gains as Iran war driven volatility hits oil and stocks
Bitcoin surged past $71,000 for the first time in four days, climbing as much as 3.1% to $71,775. This rally, alongside equities, followed easing concerns over the Iran conflict after US President Donald Trump’s comments. Other cryptocurrencies, including Ether, also experienced gains.
RBI aligns capital rules of banks with global norms
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 […]
Valuations moderate after market fall, but India’s premium limits FII comeback
Indian stock markets have seen valuations ease after a recent sell-off. However, key indices still trade at a premium compared to emerging market peers. This valuation gap, coupled with investor caution, is impacting foreign fund inflows. India’s equity market performance has been among the weakest globally this year. Investors remain watchful of geopolitical events.
Motilal Oswal Wealth launches bond trading platform to widen investors’ access to fixed income
Motilal Oswal Financial Services’ wealth management arm on Tuesday launched a digital bonds trading platform to enable investors to access fixed income securities.
Trump bought Netflix and Warner Bros bonds at height of bidding war with Paramount
U.S. President Donald Trump bought more than $1.1 million of Netflix bonds over the last three months as the streaming giant unsuccessfully fought Paramount Skydance to buy Warner Bros Discovery, according to government disclosures.
NSE tells brokers to disclose and remit excess STT retained for FY24 and earlier years
The National Stock Exchange has instructed its members to report and pay any extra Securities Transaction Tax collected. This applies to tax collected for the financial year 2023-24 and previous years. The directive follows a request from the Income Tax Department. Members must submit details and remit excess tax with interest.