Sebi defends the deadline for the implementation of margin obligations through Promise

The Securities and Exchange Board of India (SEBI) expanded the deadline on Monday for the implementation of margin obligations via the promise/re-moved mechanism in the deposition system until 10 October. The decision follows on requests from Central Depository Services (India) Limited (CDSL) and National Securities Depository LTD (NSDL) to postpone the timeline. Sebi, in his […]