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Indian bankers who specialize in selling corporate bonds are asking the financial regulator for permission to lend money in exchange for bonds, people familiar with the matter said, as authorities themselves try to deepen local capital markets.The intermediaries known in India as merchant bankers say the move would give them more financial flexibility to underwrite […]
Kamlesh Chandra Varshney, Who Time Member, Sebi | Photocredit: Debasish Bhaduri Capital market giver Sebi has advised merchant bankers to be ‘realistic’ about determining the ratings of large IPOs. During an event, organized by Merchants’ Chamber of Commerce & Industry (MCCI), in Kolkata on Tuesday, Sebi said a member of Kamlesh Chandra Varshney all the […]
