SEBI in a RTI response said on Friday, September 20, that the cases where SEBI Chairperson Madhabi Puri Buch recused herself due to potential conflict of interest are not “readily” available and collating them would be a “disproportionately divert” of its resources,

Sebi says such instances were not "readily" available and collating them would "disproportionately divert" its resources

The cases where Buch recused herself due to potential conflict of interest is not “readily” available and collating them would “disproportionately divert” its resources, the securities market regulator said in an RTI response on September 20.

Credit Default Swaps (CDS) can be likened to insurance contracts within the market realm, serving as a safeguard against a borrower's default. These financial instruments play a crucial role in helping mutual funds effectively navigate and mitigate risks.

Subject: Flexibility in participation of Mutual Funds in Credit Default Swaps (CDS) 1. Under the existing regulatory framework, Mutual Funds in India are permitted to participate in CDS transactions only as users i.

Credit Default Swaps are financial contracts that act as a form of insurance against the default of a borrower. In the context of mutual funds, CDS allow funds to manage and mitigate credit risk associated with the bonds or debt securities they hold.

After an inspection by the regulator, it was found that Axis Capital had provided guarantees for the redemption of NCDs of Sojo Infotel Pvt. Ltd, which is not permitted for merchant bankers

India’s capital market regulator has barred Axis Capital Ltd. from acting as a manager for new offerings of debt by Indian companies, the latest crackdown in the country’s securities market.

India's markets regulator on Thursday barred investment bank Axis Capital from acting as a merchant banker for new debt issues for allegedly violating rules, according to an interim order on the regulator's website.