Sebi aims to streamline corp bond market
December 05, 2014 00:00:00
NEW DELHI, Dec 4 (Business Standard): The Securities and Exchange Board of India (Sebi) on Thursday proposed a framework for the consolidation of corporate bond market.
The move is to avoid fragmentation of debt market with multiple issues and to help re-issuances.
The Sebi's proposals are based on the Reserve Bank of India's (RBI) RH Patil Committee recommendations on corporate bonds and securitisation.
