The flexibility has been granted for three months to ensure adequate liquidity in corporate bond funds, banking & PSU debt funds, and credit risk funds.
Franklin Templeton will be allowed to list units of its six shuttered mutual funds on stock exchanges, providing an alternate exit route to investors whose money is trapped.
IFSC banking units are required to report their OTC foreign exchange, interest rate and credit derivative transactions to CCIL's reporting platform from 1 June.
Private companies will be able to list in 'permissible jurisdictions' - likely to include the US, China, Japan, South Korea, the UK, Hong Kong, France, Germany, Canada and Switzerland.
The move will mean promoters with more than 75% shareholding in a listed company will not have to divest their holdings while the current challenging environment persists.
A $4bn special liquidity scheme will be provided for NBFCs, and the partial credit guarantee scheme already in force is being expanded to also cover non-investment grade NBFC debt.
Intermediaries and mutual fund distributors that want to use Aadhaar authentication services for e-KYC are required to enter into an agreement with one of the eight entities named.
Rupee futures and options will offer overseas market participants new onshore tools to hedge their India exposures, reducing their reliance on offshore currency markets.
SEBI was responding to recent comments by Franklin Templeton's president, which appeared to in part blame the rules for the closure of six India funds.
RBI governor Shaktikanta Das has made clear that NBFCs are eligible for the loan moratorium being extended to other borrowers.