Sebi introduced a capital adequacy framework, categorizing merchant bankers (MBs) by net worth: Category 1 (minimum Rs 50 ...
Notification Of key amendments. Legal News and Analysis - India - Capital Markets, Corporate/M&A, Regulatory & Compliance - ...
New Delhi, Dec 8: Markets regulator Sebi has overhauled merchant bankers rule by introducing a capital adequacy framework, requiring a liquid net worth and mandating minimum revenue from permitted ...