SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press MFs upset with salary disclosure norms; but won't challenge Sebi

    MFs upset with salary disclosure norms; but won't challenge Sebi

    Source: Business Standard Apr 1, 2016

    Executives in India's Rs 13 lakh crore mutual fund industry are upset with a recent rule asking fund houses to disclose salaries of executives earning more than Rs 60 lakh a year.

    Fund houses did not anticipate such a move from the Securities and Exchange Board of India (Sebi). They said the decision was unwarranted and did not serve any purpose.

    Business Standard spoke to more than a dozen chief executive officers (CEOs) of big, mid-sized and small fund houses. Most of them were unhappy with the regulator's decision.

    Click here to read more.

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    2 Comments
    vinay kumar · 7 years ago `
    SEBI Chermen Mr.u.k Sinha Ji app Apni salary Bhi disclose Kare, aur SEBI ke exp. bhi disclose kare , Aur market me sale hone bale sabi prdect. par disclose kare ki shop keepr ko kitna commission milta Sinha ji app Ko distributors Ko Milne bale brokerage par hi transprnece dikhani hi app sebi ke chermen he app ke chermen hote pvt.companey bank ka lakho cr. ka lon lekar bhag rahi he
    MANINDER SINGH CHADHA · 7 years ago `
    This SEBI chief has lost his sense. He is just after the mutual fund industry. He does not know that he has other things to do for the overall development of the capital market.
    SHAME ON AMFI AND AMC FOR KEEPING QUITE
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.