In what could be termed as one-off instance, Securities and Exchange Board of India (Sebi) is all set to hold an interim board meeting in the first half of January in the New Year. This would be a break from the tradition as SEBI generally holds a meeting every quarter, this is a meeting scheduled within 45 days of the last meeting.
According to people in the know this meeting would be a meeting heavy with reforms for mutual fund industry and would include electronic Know Your Client (E-KYC) as the foremost agenda.
