In 2018, in line with that year’s budget, Sebi said large corporates had to raise at least 25% of incremental borrowings during the financial year by issuing debt securities. The move was aimed at deepening the corporate bond market.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and