The portion reserved for the retail investors as well as the NIIs received a solid response and was booked nearly 21.7 times and 30.31times, respectively. The quota reserved for qualified institutional buyers (QIBs) was booked by just 24%.
Sebi proposes allowing investment advisers, analysts to use liquid MFs for deposit requirements
Markets watchdog Sebi on Friday proposed allowing investment advisers and research analysts to use liquid mutual fund units, with a lien marked in favour of