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  • News From Press Sebi's board meet today has heavy-duty agenda

    Sebi's board meet today has heavy-duty agenda

    Source: Business Standard Jun 17, 2016

    The Securities and Exchange Board of India (Sebi) will set rules to enable to manage foreign money from Indian shores.

    The market regulator will also make further relaxations to rules governing (Reits), to help the instrument take off.

    The announcements are likely at Sebi’s board meeting on Friday. The board will also approve its annual accounts for 2015-16. It will be the last board meeting of Prashant Saran, Sebi’s longest-serving whole-time member. His term ends on June 27 and the government has already set the ball rolling to find a replacement.

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