SEBI on 30th April, 2025 has issued SEBI (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2025. The amendment provides that the non-independent director on the governing board of a recognized stock exchange or a recognized clearing corporation may be appointed in another recognized stock exchange or a recognized clearing corporation or a depository with the prior approval of the Board, only after a cooling-off period as may be specified by the governing board of such recognized stock exchange or recognized clearing corporation.
Reserve Bank of India (Project Finance) Directions, 2025
The draft guidelines proposed an enabling framework for the regulated entities (REs) for financing project loans, while addressing the underlying risks.