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Finance Ministry writes to Sebi, requests agency to withdraw perpetual bond rule SECTIONS Share Synopsis The ministry s objection is to the rule that requires debt mutual funds to value perpetual bonds as a 100-year instrument from April 1. Fund managers too had raised concerns over this. The finance ministry requested the Securities and Exchange Board of India (Sebi) Friday to withdraw the part of its Wednesday circular that changed the rules followed by mutual funds to value perpetual bonds. The capital market regulator hadn t responded to the suggestion at press time, but is expected to review the rules before they take effect on April 1, said people with knowledge of the matter. The move by the ministry was a rare instance of such a government intervention being made public, experts said.

Jnanatosh roySandeep parekhBonds of bank barodaRural electrification corpFranklin templetonIndian bankExchange board of india sebiCanara bankExchange boardFinsec law advisorsSouth indian bankAdditional tierReserve bankReserve bank of indiaசந்தீப் பரேக்பத்திரங்கள் ஆஃப் வங்கி பரோடா