Feroze Azeez discusses the high spreads in the debt market, SEBI s focus on management responsibility, the importance of robust processes in AMCs, and the benefits of reducing NCD investment size for retail investors. Azeez says: "If it is Rs 10,000, you can buy maybe five different corporates 20,000 each in the form of two debentures. So, I personally welcome this move from a perspective not just making it affordable, making it diversified becomes a very-very important collateral benefit of this move."
"Accordingly, it has been decided that the requirement of nomination ..for mutual funds shall be optional for jointly held mutual fund folios," the Securities and Exchange Board of India (Sebi) said in a circular.
The capital market regulator Securities & Exchange Board of India (SEBI) has announced that it will regulate fractional ownership platforms (FOPs) offering real estate assets through SM REIT.
India Business News: Aadhar Housing Finance, backed by Blackstone, is launching an initial public offering (IPO) worth Rs 3,000 crore. You can subscribe to the IPO from May 8, and the price band has been fixed between Rs 300 and Rs 315.
The alleged non-compliance pertains to related party transactions with respect to certain transactions with third parties, and validity of peer review certificates of statutory auditors in previous years, the filing said.