RBI draft guidelines pertaining to the prudential framework for financing projects in the infrastructure, non-infrastructure and commercial real estate sectors. It said the guidelines lay down the regulatory dispensations regarding the date of commencement of commercial operations (DCCO) of such projects.
Equity benchmark indices declined in early trade on Thursday, giving up their gains of last four days, amid heavy selling in Kotak Mahindra Bank and foreign fund outflows.
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (5 April 2024) decided to keep the policy repo rate under the liquidity adjustment facility (LAF)
RBI had tightened rules on currency derivatives with the aim of curbing speculative trading. This would offer some short-term relief as market participants feared that the implementation of the new rules could dent trading volumes significantly in the segment.