After NRI investments in domestic market, foreign funds on Sebi radar

After NRI investments in domestic market, foreign funds on Sebi radar Regulator asks custodians to provide end-beneficiary data of foreign funds with Indian ownership A fortnight after the market regulator tightened rules around non-resident Indian (NRI) investments in the domestic market, several foreign funds have come under the scrutiny of the Securities and Exchange Board […]

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MFIs see slowdown in bank funding despite a fall in the cost of funds

MFIs see slowdown in bank funding despite a fall in the cost of funds The average cost of funds for MFIs is 12-15 per cent, depending on their size Despite a fall in the cost of funds over the past year, banks remain shy of lending to microfinance institutions (MFIs), especially mid-size and small-size ones.In […]

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SEBI bans 28 entities for fraudulent trade with fake SMSes

SEBI bans 28 entities for fraudulent trade with fake SMSes Markets regulator Sebi has barred 28 entities from the capital markets for sending out unauthenticated SMSes in bulk with misleading ‘buy’ recommendations to pump up trading volumes in the shares of Kalpa Commercial. The order comes after Sebi received complaints from intermediaries alleging that some […]

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