Tuesday, August 5, 2014

Sebi in Touch With RBI Over Wilful Defaulters' Regulation

....."We are in consultation with the Reserve Bank of India for finalising the wilful defaulter regulations," Securities and Exchange Board of India (Sebi) Chairman U K Sinha told reporters on the sidelines of an event at the BSE here. The banking watchdog has reportedly been mulling a ban on capital raising activities by such entities. RBI is devising ways of sharing real time information on such activities with the capital market regulator................

No comments: