SEBI notifies norms allowing REITs, InvITs to issue bonds

SEBI notifies norms allowing REITs, InvITs to issue bonds This would be allowed for REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) which are listed on stock exchanges.To make REITs and InvITs more attractive to investors, markets regulator Sebi has notified relaxed norms to allow these trusts to raise funds by issuing debt […]

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SEBI orders attachment of bank, demat accounts of 22 entities

SEBI orders attachment of bank, demat accounts of 22 entities The decision was taken after the entities failed to pay the fine imposed on them by Sebi for violating securities regulation in 20 different cases.Markets regulator SEBI has ordered attachment of bank accounts as well as share and mutual fund holdings of 22 entities, including […]

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NSE revises penalty structure for unauthorised trade

NSE revises penalty structure for unauthorised trade The National Stock Exchange (NSE) has decided to impose a penalty of Rs10,000 for every unauthorised trade by a trading member as identified by investor grievance redressal panel, from January1, next year.The amended indicative penalty structure for unauthorised trading also includes debarment of the panel in the immediately […]

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Sliding GST collections may put pressure on government

Sliding GST collections may put pressure on government ST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs 80,808 crore, down 14% from August and 3% from NovemberThings don’t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the […]

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Agency banks must be prompt with govt instructions: RBI

Agency banks must be prompt with govt instructions: RBI The Reserve Bank of India has asked agency banks, banking entities engaged in government business, to promptly execute instructions from central and state governments.They should not wait for RBI directives.“It has been brought to the government´s notice that some agency banks are not adhering to instructions/notifications […]

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Better rated firms moving to bond mkt, says RBI report

Better rated firms moving to bond mkt, says RBI report Better rated companies are moving to the bond market, even as bank loans continue to remain an efficient financing tool for lower rated firms, the Reserve Bank of India’s financial stability report said. Better rated companies can easily tap the bond market, and their borrowing […]

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