Now, SEBI may get to regulate G-Secs - The Hindu BusinessLine
February 01, 2021 Securities Code Act envisages various norms under one regulator The Reserve Bank of India (RBI) will have to give up its powers to regulate Government Securities (G-secs), the debt instruments issued by the central and state governments, sources in the know told Business Line. The powers to regulate GSecs will be passed on to SEBI. This is on the back of the budget announcement wherein it has been proposed to merge the Securities Contracts Regulation Act, Depositories Act, and Securities Exchange Board of India Act into a new Securities Code Act (SCA). Currently, there is ...
Source: thehindubusinessline.com