(March 31): India’s central bank has delayed the roll-out of stricter rules on loans to proprietary traders and some liquidity providers, offering relief as markets are roiled by volatility due to the Iran conflict. The rules — which were first announced in February — now take effect on July 1 instead of April 1, the Reserve Bank of India said in a statement Monday. The central bank also eased some conditions, allowing funding for proprietary trading against full cash collateral, removing curbs on financing market makers and broadening acquisition finance to include mergers and amalgamations. While Indian banks traditionally do not directly finance proprietary trading, the directive closes a loophole that allowed short-term working capital loans given by banks to be diverted for trading by brokers. Proprietary trading firms accounted for more than 50% of equity options turnover and about 30% of cash equities trading on the National Stock Exchange of India Ltd last year.

Source: The Edge Markets March 31, 2026 05:15 UTC