Sebi

Bi

The Securities and Exchange Board of India is considering wider use of intraday borrowing by mutual funds to enhance cash management. The move would extend beyond current limits tied to redemption payouts. It seeks to address timing gaps between outflows and incoming funds.

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India's markets regulator Sebi has proposed relaxing securitisation norms to match Reserve Bank of India regulations. The changes include easing the 25% single borrower exposure cap and shifting disclosure duties to servicers.

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