Sebi looks to raise threshold of outstanding long-term borrowings for large corporates
New Delhi: Capital markets regulator Sebi on Thursday proposed to increase the threshold to at least Rs 500 crore from the current Rs 100 crore for the outstanding long-term borrowings for identifying any entity as ‘Large Corporates’ (LC). In addition, it has suggested discarding the requirement of credit rating as a criterion for identifying an … Read more