मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Sebi proposes overhaul of investment banking norms
Business Standard
|August 29, 2024
10x hike in net worth, more clarity on roles, responsibilities mooted
The Securities and Exchange Board of India (Sebi) has proposed an overhaul of investment banking regulations amid a boom in the equity capital market (ECM).
In a consultation paper floated on Wednesday, the regulator has proposed a 10 time-hike in the net worth and provided more clarity on the roles and responsibilities of investment bankers - known as merchant bankers in regulatory parlance.
At present, there are over 200 registered merchant bankers in the country, which help companies launch an initial public offering (IPO) or a listed entity raise additional funds via qualified institutional placements or offer for sale. The current net worth requirement for merchant bankers is ₹5 crore, which was last hiked in 1992 from 1 crore.
The regulator has now proposed to have two categories of investment banks based on their net worth of at least 10 crore will fall under the Category 2 not be allowed to handle main board issues.
यह कहानी Business Standard के August 29, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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