SEBI’s New Merchant Banking Norms: Strengthening Stability or Stifling Small Players?
SEBI has proposed a major regulatory overhaul for Merchant Bankers handling public issues, aiming to increase net worth requirements and clarify their roles. The changes, outlined in a discussion paper, come as the primary market experiences significant growth, driving the need for stricter compliance and due diligence. Currently, the net worth requirement for merchant bankers […]
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