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Amfi backs intraday loans as Sebi defers rules
Mint Hyderabad
|April 07, 2026
India’s mutual fund body has asked the market regulator to allow fund houses to use intraday borrowings from banks to purchase securities after it deferred implementa tion of the new norms to July, according to two people aware of the development.
On 13 March, the Securities and Exchange Board of India (Sebi) tightened regulations and allowed fund houses to borrow funds from banks on an intraday basis only for repur chase or redemption of units, payment of interest, or income distribution-cum-capital with drawal payout
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