Sebi
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.
Reported by AI
Fifteen asset management companies, including PPFAS Mutual Fund, have rolled out a voluntary lock-in facility for mutual fund folios. The feature allows investors to temporarily block withdrawals and debits. Introduced by Sebi, it aims to provide enhanced safety and control.