Banks can’t use their own FDRs as collateral: SEBI Strengthening its risk management mechanism, markets regulator Sebi today barred banks from using their own Fixed Deposit Receipts (FDRs) as collateral in their function as trading or clearing members of stock exchanges, directly or through associate entities. In a circular to clearing corporations, Sebi asked them … Read More →
Quick Look at the Brokerage Charges as per SEBI Regulations: As per SEBI Regulations, every stock-broker, on the basis of his total turnover, is required to pay annual turnover charges, which are to be collected by the stock exchanges. In order to share the benefits of efficiency, NSE has been reducing the transaction charges over … Read More →
Proposed Changes to the Companies Act (India) The Companies Act, 2013 (“Companies Actâ€), while beneficial, has also been perceived as overzealous over regulation in part. With a view to facilitating the ease of doing business in India, addressing stringent compliance requirements, harmonising company law with other regulations, the Companies-Act-Amendment(“Billâ€)was introduced in the Lok Sabha in … Read More →
SEBI issues new norms for foreign portfolio investors The Securities and Exchange Board of India has allowed foreign portfolio investors who had issued participatory notes under the erstwhile regulations to hold the position till the date of expiry of such positions or till end of December 2020. The regulator said in a clarificatory note posted … Read More →
What is Business Financing? Business finance refers to the funds & monetary help needed by an entrepreneur for carrying out the different activities relating to his/her business organization. It is needed at every stage of a business life cycle. For instance, in starting a business, it is essential for acquiring fixed assets, such as land, … Read More →
SEBI eases trading requirement in currency derivatives segment With an aim to ease trading requirements in the currency derivatives segment, markets regulator Sebi today said position limit linked to open interest will be applicable at the time of opening a position. Such positions will not be required to be unwound in the event of a … Read More →
SEBI to ease norms for REITs, portfolio managers The Securities and Exchange Board of India (SEBI) plans to relax norms for portfolio managers to enable more offshore fund managers to relocate to India. The regulator is also looking to change the norms for Real Estate Investment Trusts (REITs) to attract more real estate companies in … Read More →
SEBI to take action against more brokers for manipulative ‘self-trades’ More equity brokers are likely to be penalised by market regulator Sebi for execution of ‘self trades’. Sebi’s action to impose heavy fines on a few brokers last year for failure to curb self trades has been challenged in court. But the regulator intends to … Read More →
Securities Exchange Board of India (SEBI) was set up in 1988 to regulate the functions of securities market. SEBI promotes orderly and healthy development in the stock market but initially SEBI was not able to exercise complete control over the stock market transactions. It was left as a watch dog to observe the activities but … Read More →
Sebi to make it easier for fund managers to move to India To make it easier for the foreign fund managers keen to relocate to India, markets regulator Sebi is considering allowing them to function as ‘Portfolio Managers’ under an easier regulatory regime. The move assumes significance in the wake of the government already having … Read More →