This edition of the Finance Newsletter covers recent notifications issued by the Securities and Exchange Board of India and Reserve Bank of India. Some of the significant developments include:
- Offshore subsidiaries and branches of Indian banks and All India Financial Institutions permitted to deal in structured financial products;
- Updates to the RBI Loan Transfer Directions;
- Updates to the RBI Securitisation Directions;
- Norms for investment in Alternative Investment Funds; and
- Revised provisions on listing of non-convertible securities and certain other securities.
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