The decision is likely at Sebi's upcoming board meeting on September 30, sources said.
The meeting will be closely watched as it is the first since Congress and short-seller Hindenburg Research alleged conflict of interest against Sebi chairperson Madhabi Puri Buch. The Sebi chair was further caught in the storm amid discontent raised by the employees, who have also submitted a list of demands to the finance ministry.
Typically, the Sebi board - which has representatives from the government and the Reserve Bank of India (RBI) - meets once every quarter to clear securities market-related reforms.
The new product category will cater to investors willing to take riskier bets. The minimum ticket size for such investments will be ₹10 lakh - lower than the minimum threshold of ₹50 lakh specified for PMS.
Bu hikaye Business Standard dergisinin September 25, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin September 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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