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RBI-Esma MoU set to end CCIL impasse
Business Standard
|January 28, 2026
Esma in talks with Sebi, IFSCA for similar agreement
The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union’s (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).
The impasse between the RBI and the EU regulator began in October 2022, when Esma sought direct audit and inspection rights over CCIL for trades conducted by European banks. The RBI pushed back, making it clear that Esma’s position was “extra-jurisdictional” and made it clear that it would not accede to such demands.
Denne historien er fra January 28, 2026-utgaven av Business Standard.
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FLERE HISTORIER FRA Business Standard
Business Standard
Thoughts from Davos 2026
India is being recognised as a trusted partner in value chains
3 mins
January 28, 2026
Business Standard
RTX AND ITS ENDURING TIES WITH INDIA
The parent company of Pratt & Whitney, RTX, sees India as a strong aerospace supply chain partner and sources products and services worth over $500 million annually from it
2 mins
January 28, 2026
Business Standard
Taking a LEAP of Faith
CFM's LEAP engines have powered the A320neos and the B737 MAXs and its technical innovations have improved fuel efficiency and lowered CO2 emissions
2 mins
January 28, 2026
Business Standard
A big deal
The India-EU partnership will open up opportunities
2 mins
January 28, 2026
Business Standard
Land value capture
India’s cities are racing to build metros, expressways, and regional rail systems at unprecedented scale.
3 mins
January 28, 2026
Business Standard
Fed set to hold rates amid political storm around Powell
The Federal Reserve is widely expected to halt its interest-rate-cutting cycle this week, as a steadier jobs market restores a degree of consensus at the central bank after months of growing division.
2 mins
January 28, 2026
Business Standard
Monthly avg ticket size of ATM withdrawals increased 4.5% in CY25
Monthly average cash dispensed per automated teller machine (ATM) in the calendar year (CY) 2025 stood at ₹1.21 crore, with monthly average ticket size up 4.5 per cent year-on-year (Y-0-Y) at ₹5,835, according to a CMS consumption report.
1 min
January 28, 2026
Business Standard
Unions call strike a success; no disruption, say bankers
Demanded five-day work week including all Saturdays
2 mins
January 28, 2026
Business Standard
DASSAULT'S 6X: THE BEST JET FOR A KISS LANDING
This business plane is the best-handling Falcon and has the same engineering organisation and design philosophy as the Rafale, giving it more agility
3 mins
January 28, 2026
Business Standard
ONGC seeks global oil majors for Western offshore blocks; multiple energy deals signed
State-run Oil and Natural Gas Corp (ONGC) has floated a tender for technical support partnership (TSP) with global oil majors for the firm's blocks in the Western offshore, excluding Mumbai High, said Pankaj Kumar, director of production, on the sidelines of India Energy Week (IEW) event in Goa.
1 min
January 28, 2026
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