Briefing reporters about the discussions in the meeting, Economic Affairs Secretary Ajay Seth also said there is no spillover effect of the failure of American banks on the Indian financial system, which is “well protected”.
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
ICICI Prudential Asset Management Company’s ₹10,600 crore IPO will open on December 12, with shares priced between ₹2,061-2,165. The offering is entirely an offer for
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