Finance Ministry Asks SEBI to Withdraw Directive on Additional Tier I Bonds
Finance Ministry Asks SEBI to Withdraw Directive on Additional Tier I Bonds SEBI had earlier this week issued regulations that put a limit of 10% for cumulative investments by mutual funds in Tier I and Tier II bonds. The logo of the Securities and Exchange Board of India (SEBI), India's market regulator, is seen on the facade of its head office building in Mumbai, India, July 13, 2015. Photo: Reuters/Shailesh Andrade Government13/Mar/2021 The finance ministry has asked market regulator Securities and Exchange Board of India (SEBI) to withdraw its directive to mutual fund (MF) houses to trea...
Source: thewire.in