Market regulator Securities and Exchange Board of India has found large-scale violations in several schemes of select mutual fund houses where norms regarding minimum 20 investors and maximum 25% single investor exposure have been breached repeatedly.
India's 15 regional stock exchanges (RSEs) are opting to exit the business as the deadline to meet new net worth and trading norms nears.
Market regulator Securities and Exchange Board of India (SEBI) came out with a risk management framework for foreign portfolio investors (FPIs) citing margin of trade and position limits for investors in the cash market.
The Securities and Exchange Board of India will petition the new government for more tax relief for mutual funds and the equity market to incentivise and channel savings into long-term investment products.
India’s market regulator and the country’s Financial Intelligence Unit have agreed to work together on combating money laundering and terrorism finance.
A foreign portfolio investor will be allowed to buy additional shares in a company only if its holding is less than 10%, according to norms for the new overseas investment regime that starts in June.
Market regulator SEBI has asked depository participants to set up adequate infrastructure and put in place an appropriate monitoring system
India’s market regulator has set the period of liquidity enhancement schemes of stock exchanges to a maximum of three years.
The Securities Exchange Board of India has released a circular with detailed corporate governance norms for listed companies providing stricter disclosures and protection of investor rights,
India’s capital market regulator has pushed the implementation of the Foreign Portfolio Investor rules by two months to June.