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Place mechanism to curb frauds: Sebi to fund houses indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.
Determining the global AUM is significant because a regulated fund whose exposure to an Indian business group and to the Indian equity market is below 25% and 50% respectively of its global AUM is spared of the granular disclosure rules laid down by the Securities and Exchange Board of India (Sebi).
Sebi chairperson Madhabi Puri Buch said the Sebi board suggested on Saturday that the regulator analyse more data pertaining to delisting norms before coming up with proposals