Sebi approved significant reforms, including reintroducing open market share buybacks and fast-tracking AIF launches. It has also allowed mutual funds a broader scope for borrowing intra-day from banks. It also cleared a framework allowing two or more municipalities to raise funds collectively.
Sebi has approved significant reforms, including the reinstatement of open market share buybacks, which could potentially boost share prices. The regulator also fast-tracked Alternative Investment Fund (AIF) launches and expanded mutual funds' intra-day borrowing from banks.…
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