CAMS brings you a weekly glimpse at the key happenings in the BFSI sector, in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector.
Revised estimates indicate US economy had grown by a substantial 3.5% in the third quarter of the current fiscal year.
For the fourth consecutive time in the last few weeks, Indian government bonds record gain.
Considerable progress made at the GST council meeting held on December 22, 2016, in structuring the draft based on which the laws pertaining are to be drawn.
Central bank in possession of sufficient currency reserves to last until end of year, affirms Finance Minister, Mr. Arun Jaitley.
RBI sets up the seventeenth banking Ombudsman centre in the country. Uttarakhand and seven districts of western Uttar Pradesh to fall under the jurisdiction of the new centre.
SEBI reinstates its inclination to go green by ushering in policy for electronic issuance of debt security papers.
Investment advisors entitled to charge fees subject to ceiling as indicated by board, but shall not charge it as a variable pay, clarifies market regulator SEBI.
Mutual fund folios reach 44 lakh mark in the eight months spanning April to November 2016, with considerable amount of inflow coming from B15 regions of the country.
IRDAI report points at a steady comeback and growth for the Indian insurance industry as measured in 2015-16, after several years of declining sales.
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