Saturday, February 28, 2015

#HighlightBudget2015 #FinancialMarket

Financial Market


  • Public Debt Management Agency (PDMA) bringing both external and domestic borrowings under one roof to be set up this year.
  • Enabling legislation, amending the Government Securities Act and the RBI Act included in the Finance Bill, 2015.
  • Forward Markets commission to be merged with SEBI.
  • Section-6 of FEMA to be amended through Finance Bill to provide control on capital flows as equity will be exercised by Government in consultation with RBI.
  • Proposal to create a Task Force to establish sector-neutral financial redressal agency that will address grievance against all financial service providers.