SEBI

(Consultation Paper) Disclosures for ‘Basis of Issue Price’ section in offer document under SEBI (Issue of Capital and  Disclosure Requirements) Regulations, 2018 (Feb 18, 2022)

SEBI has placed a consultation paper for public comments on Disclosures for ‘Basis of Issue Price’ section in offer document under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Apart from disclosing the financial ratios as per the extant requirements, the Issuer Company shall also make the disclosures on the Key Performance Indicators (KPIs) of the business of the Issuer Company that have been considered / have a bearing for arriving at the basis of issue price. The comments may be sent latest by March 05, 2022.


Ministry of Finance

Govt. of India, World Bank sign loan agreement of $115 million for implementation of “Rejuvenating Watersheds for Agricultural Resilience through Innovative Development” (REWARD) Project (Feb 18, 2022).

The Government of India, the State Governments of Karnataka and Odisha and the World Bank have signed a $115 million (INR 869 crore) Programme (Rejuvenating Watersheds for Agricultural Resilience through Innovative Development Programme) that will help national and state institutions adopt improved watershed management practices to help increase farmers’ resilience to climate change, promote higher productivity and better incomes.

RBI

Regulations Review Authority (RRA 2.0) - Interim Recommendations- Second tranche move (Feb 18, 2022)

The Reserve Bank of India has set up a Regulations Review Authority (RRA 2.0) with an objective to reduce the compliance burden on Regulated Entities (REs). RRA had 
recommended withdrawal of 150 circulars in the first tranche of recommendations. In continuation of the exercise, RRA has now recommended withdrawal of additional 100 circulars in the second tranche of recommendations. The RRA has recommended elimination of paper-based returns and has identified 65 regulatory returns which would either be discontinued/ merged with other returns or would be converted into online returns. The RRA has also recommended creation of a separate web page “Regulatory 
Reporting” in the RBI website to consolidate information relating to regulatory reporting and return submission by the regulated entities at a single source. These recommendations are expected to ease regulatory compliance for the regulated entities while improving the accuracy, speed and quality of data submission.


Market Today


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