Meanwhile, according to a PTI report, Sebi has asked bondholders to submit their claims by next month along with necessary proof of their investments.
Sebi is also looking at removing the disparity between foreign currency convertible bonds (FCCBs) and convertible bonds issued in local currency.
Rajan added that the RBI has asked the finance ministry for a review of priority sector lending norms.
Sebi to allow loan conversion at a lower price on RBI’s request
The scheme had received all the approvals from market regulator Sebi, and was slated for launch on December 1
A probe by SEBI has found that NVD Solar had raised Rs 595 crore through issuance of fresh equity shares to 1,09,480 entities
The six merchant banks have been asked to pay a fine of Rs 1 crore.
The latest data with Securities and Exchange Board of India (Sebi) was available only till October.
SEBI has allowed four mutual funds to launch Sharia funds in India.
Sinha was in Rajkot to meet and address the concerns of entrepreneurs connected with the MSME sector in the state.
“This kind of activity might be happening in other parts of the country. But the intensity here is more,” said SEBI chief.
Sebi’s efforts to revamp regulatory framework are welcome. But deeper consideration is needed.
The Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Sahara group during its raids on its two premises in Delhi and Noida in connection with alleged tax evasion charges. Sources said the department made one of its highest seizures which also includes jewellery worth Rs […]
The amendments to delisting regulations by the Sebi board on Wednesday remove tax hurdles…
Cops believe complaints could increase; SEBI wants investors’ money returned, firm moves SAT.