SEBI scans MF exposure in group NBFCs
Oct 16 2018
News Category: Regulatory Updates
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As per media reports, Securities and Exchange Board of India (SEBI) is assessing the exposure of a few fund houses to the debt papers of their group’s non-banking financial companies (NBFCs). The exposure of debt scheme to its group’s NBFCs has been observed to be as high as 12% of the asset size in certain cases.
