Sebi to revisit proposal to cut AMC brokerage fees

SECURITIES & EXCHANGE Board of India (Sebi) Chairman Tuhin Kanta Pandey has agreed to relook at its the proposal to slash brokerage costs for asset management companies (AMCs), a source said on Monday.

- ANANYA GROVER

In a closed-door meeting on the sidelines of the CII Financing Summit, institutional brokers made several representations in this regard to DEA Secretary Anuradha Thakur, Chief Economic Advisor V Anantha Nageswaran, and Sebi chairman Tuhin Kanta Pandey. The sebi chief has agreed to have a relook,