The Securities and Exchange Board of India (SEBI) convened a board meeting on December 18, 2024, to deliberate on key regulatory changes. These include stricter regulations for SME listings, broadening insider trading norms by encompassing additional categories under Unpublished Price Sensitive Information (UPSI), and establishing a framework for specified digital platforms (SPFs).
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday Kotak
Uday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned that repayments including interest could reach $160-170