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"They (the AMC Repo) have waived the transaction charges for three months starting from December 11 for tri-party repos in corporate debt securities and there is a plan to increase the size of orders from ₹50 crore at present to ₹200 crore going ahead," a source aware of the developments said. ....
"They (AMC Repo) are trying to bring down that cost to attract more participants following feedback from the market. One of the discussion points with Sebi is to do with the step announced in the budget regarding TDS (tax deductible at source) on corporate bonds," one of the sources said. ....
The website of AMC Repo lists 128 eligible issuers, which include the State Bank of India, Adani Ports and Special Economic Zone, Bharat Petroleum Corporation, HDFC Bank, Reliance Industries, Indian Oil Corporation, Larsen & Toubro, Shriram Finance, Tata Steel and Power Finance Corporation. ....
"A direct listing of securities by domestic companies will now be permissible in foreign jurisdictions…This will facilitate access to global capital and better valuation,” says Finance Minister Nirmala Sitharaman While speaking at the launch event of AMC Repo Clearing and a corporate debt market development fund on Friday ....