Sebi Eases Listing Rules For Start-Ups, Makes Delisting Process Transparent ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
Sebi relaxes valuation norms for some bonds after push back indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Updated Mar 12, 2021 | 09:14 IST
Fund managers said the new valuation norm could lead to 4-8% erosion of net asset value (NAV), depending on the extent of holdings. Representational image
New Delhi: The Securities and Exchange Board of India (Sebi) on Wednesday asked mutual funds to value perpetual bonds as 100-year instruments from April 1. This new valuation norm is expected to spark a sharp selloff of these bonds today.
The
Economic Times citing fund managers mentioned in a report that accelerated redemptions in debt schemes could trigger a crisis as mutual funds will be forced to dump such securities, causing yields to spike and making it costlier for banks to borrow funds from the market.
India Business News: The finance ministry has asked market regulator Sebi to withdraw its directive to mutual fund houses to treat additional Tier I (AT-1) bonds as having
FinMin asks Sebi to withdraw directive on tenure of AT1 bonds business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.