If implemented, the move could broaden market depth, improve price discovery, and provide institutional investors with more flexibility in executing trading and hedging strategies.
Sebi's Ananth Narayan raised the issue of corporate governance, valuation and trust at an event of CFOs, highlighting fund siphoning, account practices, and instances of insider trading in his speech.
In an interview to Moneycontrol, Sebi's Whole-time Member explained why the new risk measure will improve transparency in the market and why the widely-discussed intraday limits have been set.
"While we celebrate this, it does not mean we do not need foreign investment. We absolutely need it. We have to ensure we remain an attractive destination, so we draw in savings from the globe to fund our future growth," said Ananth Narayan.
'Some form of demerger of clearing corporations from their parent exchanges may be the way forward. We will come out with a public consultation on this shortly,' says Ananth Narayan
The reason for the delay is a delay in receiving the tax certificate, said Narayan
Narayan pointed out that average daily trading volumes had significantly increased during March 2020-24 due to heightened demand for securities
Moneycontrol had earlier reported that market experts are worried about SEBI's proposed F&O curbs stoking dabba trading.
Sebi's WTM Ananth Narayan was adjudicating a front-running case by a former chief dealer at a brokerage and his sister
SEBI whole-time member Ananth Narayan asked the finfluencers to help identify the snake oil sellers and help make regulations better
With this appointment, Ananth Narayan becomes the fourth whole-time member of SEBI, which had been operating with a vacancy for the position since November 2021.
On acquisitions, Narayanan added that this year will be better for roll-up e-commerce as brands will be looking out for investments, amid the market slowdown.
In this episode of Setting Sail, Narayanan talks to Priyanka Sahay and M Sriram about his two decade old career spanning across the four Ms -- McKinsey, Myntra, Medlife and Mensa. Tune in to know more.
Speaking to CNBC-TV18, Ananth Narayan, Head-Financial Markets at Standard Chartered Bank, said he does not expect short-term funding rates to move higher.
Ananth Narayan, Head-Financial Markets, Standard Chartered Bank said changing the stance from accommodative to neutral was a surprise and not expected by the market and so one is likely to see a sell-off in bond markets
On the US dollar, Ananth Narayan, Head- Financial Markets at Standard Chartered Bank says, some legs in the growth story still remains. It is likely that fundamentals prevail over President-elect Donald Trump‘s statements of weaker dollar.
Both V Srinivasan of Axis Bank and Ashish Parthasarthy of HDFC Bank agree that the withdrawal limit could extend beyond December 30 because the limit depends on the availability of currency.
The Reserve Bank of India will be sensitive to dollar-rupee movement and correction on account of November 8 US presidential elections, Ananth Narayan, Head-Financial Markets, Standard Chartered Bank, told CNBC-TV18. There is a lot of reason to be cautious on the rupee, he added.
The Reserve Bank of India (RBI) hiked the cash reserve ratio (CRR), the percentage of cash deposits that banks have to maintain with RBI – at 100% of the deposits (NDTL) accrued between September 16 and November 11 as incremental cash reserve ratio.
Speaking to CNBC-TV18 Ananth Narayan of Standard Chartered Bank said that the market will continue to remain in excess liquidity. Lack of credit offtake, economic slowdown in the quarter coupled with surplus deposits in banks will mean a soft corner for bonds, he said.
Over the short-term, money that is coming in will push up liquidity and deposits for banks without any deployment avenues, said Ananth Narayan, Head – Financial Markets at Standard Chartered Bank.
In an interview with CNBC-TV18, Ananth Narayan of Standard Chartered Bank said that fall in Chinese Yuan and the appreciation of the US dollar index won't impact the Indian rupee much as the Reserve Bank of India (RBI) has ample dollar reserves to tackle any volatlity.
The Reserve Bank of India (RBI) is rightly looking at ways to de-risk the banking system, says Ananth Narayan, Head-Financial Markets, Standard Chartered Bank.
Standing out from the lot, Taimur Baig, Chief Economist, Asia and Global Markets Research at Deutche Bank, says that the new regime will tilt more towards the dovish side.
Broadly there seems to be four categories of tasks which the new RBI governor will have to look at. One is bringing inflation to 4 perfect. Two, would be keeping the rupee stable, while ensuring liquidity for growth. Three would be cleaning up bank balancesheets and fourth would be meeting the payments, digital and inclusion revolution.