Latest News
-
1:3 Bonus Share, Rs 13.25/Share Dividend: Buy Maharatna PSU, TP Rs 355, Fundraise Approved -
Results, Dividend, Fundraise On April24: Buy Top Bank Stock Amid Rich Valuation, TP Rs 1400: Nomura -
1:4 Bonus Shares, Rs 7 Dividend: Big Update Announced; Buy The FMCG Stock? -
1:10 Stock Split: 1 Rs 980 Smallcap Has Split Into Ten Shares; Check Out New Price Level, Fundamentals! -
Rs 2.50/Share Final Dividend: Record Date In Due Course; Buy The ITC Group Stock? -
Rs 95/Share Dividend: Record Date On 28th June; Buy Mahindra Group Stock To Be Eligible? -
5 Bonus, Rs 28/Sh Dividend: IT Giant Infosys Beats Estimates In Q4FY24, But ADR Falls Sharply; Here's Why! -
1:10 Stock Split Approved: Small Cap Stock Issues Warrants, Shares Gain 111% YTD -
Wipro Q4 Results Preview: Weak Demand Likely To Drag Revenue Sequentially, EBIT Margins Seen Stable -
Rs 6/Share Final Dividend Declared: Buy The Blue Chip Stock To Be Eligible?
SEBI Withdraws 20% Foreign Investment Limit In Corporate Bonds
On Tuesday, the market watchdog SEBI lifted its limit of 20% on investments by FPIs or foreign portfolio investors in corporate bonds. The regulator in a notification said the restriction has been done away with in accordance with a circular notified by the Reserve Bank of India.
Last year in June, the Securities and Exchange Board of India (SEBI) has made it mandatory for foreign portfolio investors to not hold over 20% of their corporate bond portfolio in a single corporate.
Nonetheless, given the feedback from the market, the central bank withdrew the restriction. And to hence implement the guidelines stipulated by the RBI, SEBI said provisions laid down in its June 2018 circulars concerning exposure of over 20% in corporate bonds "stands withdrawn with immediate effect".
GoodReturns.in
