Their six-page rebuttal offers detailed clarifications, addressing the "malicious campaign", particularly regarding Dhaval's consulting assignments and Madhabi's tenure at SEBI as the chairperson.
AIFs can now borrow funds for up to 30 days and no more than four times a year, with a required 30-day gap between loans, says SEBI.
No one can say that SEBI "diluted" the order in the NSE case, says former chairman Ajay Tyagi.
The rating agency expects total outstanding supply of corporate bonds to increase from around ₹33 lakh crore in FY20 to ₹65 lakh crore-₹70 lakh crore in FY25, with innovations playing a key role.
Ajay Tyagi, chairman of the markets regulator, says mutual funds must remember there is a difference between ‘investing’ and ‘lending’; hints at a slew of reforms for the debt market.
