Sebi proposes a threshold of Rs 20,000 crore to consider a benchmark as ‘significant indices’

Markets regulator Securities and Exchange Board of India (Sebi) has proposed an assets under management (AUM) threshold of Rs 20,000 crore for a benchmark or index to be considered ‘significant indices’.This move follows internal deliberations and discussions with the Association of Mutual Funds in India (AMFI) with a view to promoting transparency and accountability in […]

Sebi proposes to relax cash settlement norms for foreign investors to reduce financing costs

Capital markets regulator Sebi has proposed allowing foreign portfolio investors (FPIs) to offset their cash liabilities for stock market transactions, a move aimed at improving operational efficiency and reducing financing costs, especially during high-volume trading days such as index rebalancing.In a consultation paper published on January 16, Sebi said the current settlement framework requires FPIs […]