Securities and Exchange Board of India (SEBI) Current Affairs, GK & News

Securities and Exchange Board of India (SEBI)

Securities and Exchange Board of India (SEBI) was established in 1988, however, it got statutory mandate and powers under the SEBI Act, 1992. Its objective is to protect the interests of investors in securities and to promote the development and regulation of securities market. Functions The Key functions of SEBI are as follows: Regulating stock ..

SEBI Increases Foreign Investment Limit for MFs

Securities and Exchange Board of India (SEBI) has increased overseas investment limit for local mutual funds. Highlights With this, mutual funds can make overseas investments to a maximum of US $ 1 billion per Mutual Fund out of overall industry limit of US $ 7 billion. While in overseas Exchange Traded Fund, mutual funds can ..

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SEBI: India should separate the roles of Chairperson and Managing Director

The Securities and Exchange Board of India recently announced that it will not extend the deadline to separate the posts of Managing Director and Chairperson. In April 1, 2020, SEBI asked the Indian companies to separate the roles of chairperson and Managing Director. However, a time period of two years was provided for compliance. Now ..

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SEBI relaxes Valuation Norms for AT-1 Bonds

The Securities and Exchange Board of India (SEBI) relaxed the norms for valuing perpetual bonds on March 22, 2021 after the finance ministry opposed the norms which proposed to value banks deemed residual maturity of Basel III additional tier 1 (AT1) bonds as 100-year debt. Highlights The statement released by the SEBI highlighted that the ..

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What are AT1 bonds?

Department of Financial Services (DFS), under finance ministry, has sent a memorandum to the chairman of Securities and Exchange Board of India (Sebi) and has asked it to withdraw a rule treating AT1 bonds (perpetuals) which is having 100-year maturity. Highlights The circular was issued by SEBI on March 10, 2021 regarding the AT1 bonds ..

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Union Cabinet: Capital Infusion of Rs 6,000 crores into NIIF approved

On November 25, 2020, the Union Cabinet approved Rs 6,000 crores of capital infusion into the National Infrastructure Investment Fund. This is a part of the Atma Nirbhar Bharat Abhiyan. The move will leverage to create financial pipeline of Rs 1 lakh crore. National infrastructure investment fund The National Investment Infrastructure Fund was set up ..

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