SEBI asks banks to compensate retail investors if they fail to allot shares in an IPO

SEBI asks banks to compensate retail investors if they fail to allot shares in an IPO Markets regulator Sebi today said retail investors applying for shares in IPOs would need to be compensated if bankers fail to make the allotment despite their eligibility.Besides, the public issue banker would need to pay an interest amount of […]

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SEBI opens new door for overseas investors

SEBI opens new door for overseas investors The Securities and Exchange Board of India (Sebi) has opened up the Indian capital markets to clients of global private banks, which can invest in stocks without having to go through registration or compliance requirements. Until now, foreign banks were allowed to do propriety trades only.However, now they […]

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