NEW DELHI: Stock brokers‘ association Anmi on Thursday urged markets regulator Sebi to waive the penalty for short margining in all the segments till September 15 as systems are not fully geared for the new mechanism on ‘pledge and repledge’. The new mechanism on ‘pledge and repledge’ came into force from September 1. Under the … Read more
MUMBAI: The Reserve Bank of India (RBI) on Thursday came out with a ‘5-Core Actions’ approach for promoting financial education, which among other things include development of relevant content for school children and adults, community participation and collaboration among various stakeholders. The ‘National Strategy for Financial Education 2020-2025’ (NSFE), released by the RBI, has suggested … Read more
Mumbai: Learning its lesson from Ruchi Soya Industries’ extreme share price movement after the company went through insolvency proceedings, the Securities and Exchange Board of India (Sebi) proposed to rejig the minimum public shareholding norms for firms under insolvency. In a consultation paper floated on Wednesday, the markets regulator proposed three options for companies which … Read more
On receiving representation from Mauritius, an internal analysis was done by Sebi to evaluate the impact of new regulations on FPIs from Mauritius. SynopsisComing to the pre-Covid period, various regulations were modified. Some of them were rewritten to bring them in sync with the evolving market conditions, to protect investors’ interests and to facilitate investments. … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) said on Wednesday it has signed a memorandum of understanding (MoU) with the Central Board of Direct Taxes (CBDT) for data exchange between the two organizations. The MoU, which comes into force immediately, will facilitate the sharing of data and information between CBDT and Sebi on … Read more
New Delhi: Markets regulator Sebi on Tuesday further extended the deadline for issuers of municipal debt securities to comply with certain regulatory norms to July 31 in view of the COVID-19 crisis. The relaxation pertains to submission of investor grievance report, financial results and accounts maintained by issuers under ILDM Regulation, Sebi noted in a … Read more