Sebi proposes framework for corporates borrowings from bond market
Friday - July 20, 2018 11:06 pm ,
Category : BUSINESS
Mumbai July 20 (IANS) The Securities and Exchange Board of India (Sebi) on Friday proposed a framework which will require large corporates to raise 25 per cent of their incremental borrowings from bond market.
"The framework is proposed to be implemented with effect from April 1 2019 and the large corporates which has been identified in terms of criteria... shall raise 25 per cent of its borrowings (incremental) for the following year through bond market " Sebi said in its consultation paper.
The regulator has called for public comments on the proposed framework by August 13.
--IANS rv/vd
"The framework is proposed to be implemented with effect from April 1 2019 and the large corporates which has been identified in terms of criteria... shall raise 25 per cent of its borrowings (incremental) for the following year through bond market " Sebi said in its consultation paper.
The regulator has called for public comments on the proposed framework by August 13.
--IANS rv/vd
