intraday borrowing

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    Sebi Extends Mutual Fund Intraday Borrowing Deadline

    New Delhi, March 25 The market regulator, Sebi, on Wednesday deferred the implementation of guidelines allowing mutual funds to borrow intraday from financial institutions, including banks, to July 15.The framework was originally scheduled to come into effect on April 1."In order to address...
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    Mutual Fund Intraday Borrowing Limited by New Sebi Framework

    New Delhi, March 13 The securities regulator, Sebi, issued guidelines on Friday for mutual funds to engage in intraday borrowing arrangements with financial institutions such as banks.Under the new framework, the board of an asset management company (AMC) as well as the board of trustees will...
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