[ad_1] MUMBAI: An assistant general manager working with the Securities and Exchange Board of India (Sebi) tested positive for covid-19, prompting the market regulator to close its headquarters for three days, according to two people familiar with the developments. The regulator also asked its employees not to attend the office …
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[ad_1] MUMBAI: Franklin Templeton India issued an apology to the Securities and Exchange Board of India (Sebi) “for any unintentional slights caused to the regulator.” The market regulator was upset by the comment from Franklin Templeton’s global president, Jennifer M Johnson, that regulatory guidelines were one of the reasons that …
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[ad_1] The Securities and Exchange Board of India (Sebi) has “advised” the Franklin Templeton Mutual Fund to focus on returning the money that is stuck after the settlement of the six debt schemes to its investors. The regulator, in a late release Thursday, defended its October circular that required liquid …
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[ad_1] Mumbai The statement by Franklin Templeton’s world president, Jennifer M. Johnson, about the regulatory reasons behind the closure of her six debt schemes in India, has not worked well with the Securities and Exchange Board of India (Sebi). In a statement Thursday night, Sebi said he has advised Franklin …
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[ad_1] Mumbai: The capital markets regulator and RBI went into action over the weekend to assess the damage and contain the consequences of Franklin Templeton’s decision to close six debt funds. To encourage banks to lend more, the RBI can modify rules that limit the amount it absorbs from banks …
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[ad_1] MUMBAI : The Securities and Exchange Board of India (Sebi) on Thursday eased the valuation policies of mutual debt funds to allow valuation agencies to make the decision not to declare a paper default if the interest payment delay or the expiration extension is due to a covid-19 related …
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