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 […]
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 […]