Amidst the ongoing Franklin Templeton fiasco, the Sebi had on March 10, asked mutual funds to restrict their exposure to additional tier I & 2 (AT1 &
The industry body recognises that the risk profile of such instruments is higher than regular bonds
Department of Financial Services noted that the clause on the valuation of AT1 bonds is disruptive in nature.
The group, formed under Sebi's Primary Market Advisory Committee, has been asked to submit its report at the earliest
Mutual funds invest in certain debt instruments with special features — subordination or convertible to equity upon trigger of a pre-specified event
Regulatory bodies like RBI and Sebi do not have any legal framework to directly regulate cryptocurrencies
Mutual funds will be required to cast votes compulsorily in respect of related party transactions of the investee companies and corporate governance m
The lender said it may also consider raising Rs 250 crore through a pre-IPO placement which would be in consultation with the lead managers to the iss
The regulator had appointed a designated authority in 2018 to enquire whether Sahara India Financial violated provisions of Intermediaries Regulations
NSE will now have to do a thorough analysis of the reasons that led to the halt in trading