Stock exchanges and other market infrastructure institutions (MIIs) considered the backbone of the stock market ecosystem will soon be tested on eight broad parameters by an independent reviewer.
Based on how they stack up, a rating could be assigned to them.
This will help the Securities and Exchange Board of India (Sebi) to assess their performance and, if required, it can suggest measures to further strengthen their governance mechanism.
Besides the stock exchanges, other MIIs include depositories and clearing corporations.
Esta historia es de la edición July 18, 2024 de Business Standard.
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Esta historia es de la edición July 18, 2024 de Business Standard.
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I might be from the Mufti family but will have to earn my respect here'
It's 11 am on Saturday. Bijbehara, the family bastion of the Peoples Democratic Party (PDP) in southern Kashmir, is abuzz with loud songs and slogans blazing out of loudspeakers atop overcrowded load- carriers that follow a cavalcade of green fluttering vehicles. This is just another campaign day for ILTIJA MUFTI (pictured), a third-generation politician of the Mufti family contesting her maiden election. She is stepping into the shoes of her grandfather and PDP founder, Mufti Mohammad Syed, and mother, Mehbooba Mufti, both of whom started their political careers from the home seat of Srigufwara-Bijbehara. Following a door-to-door campaign, she speaks with Kaleem Geelani. Edited excerpts:
