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SEBI Secures Norms for MFs, Pledged Shares - (28 Jun 2019)

CAPITAL MARKET

Securities and Exchange Board of India (SEBI) has put in more checks and balances for debt mutual funds (MFs) to secure investors and stem systemic risks. The regulator, among other things, has increased security cover for loans against shares, brought down sectoral investment limits, and mandated certain schemes to have a fifth of their exposure in government securities.

Tags : SEBI   PLEDGED SHARES  

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