Sebi eases valuation norms for perpetual bonds on FinMin push
Admin
Mar 23, 2021 01:02
81
Capital market regulator Sebi has eased valuation rule pertaining to perpetual bonds. The move comes after the finance ministry asked Securities and Exchange Board of India (Sebi) to withdraw its directive to mutual fund houses to treat additional tier-I (AT-1) bonds as having maturity of 100 years as it could disrupt the market and impact capital-raising by banks.
