Sebi calls for stricter review of AIF investors

October 9, 2024

At present, AIFs have been designated as qualified institutional buyers(QIB) and can avail certain benefits under Sebi rules. On Tuesday, Sebi said AIFs should not facilitate investors who are ineligible for QIB status on their own from availing the benefits.

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Zerodha CEO Nithin Kamath revealed the firm has intentionally avoided AI-driven order placement. Instead, it’s focused on backend upgrades to stay relevant in an automated

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