SEBI’s Updated Regulations for Merchant Bankers: Key Changes and Implications Enhancing Efficiency in Merchant Banking The Securities and Exchange Board of India (SEBI) has introduced significant updates to regulations for merchant bankers. These changes aim to streamline operations, promote transparency, and elevate efficiency within the industry. Key Updates: Authorized Activities: Merchant bankers are now restricted to engaging solely in SEBI-approved activities. Any non-approved activities must be transferred to a separate legal entity within a two-year […]

Experts Reflect on Sebi’s Plan for Tougher Merchant Banking Norms Overview of Sebi’s New Proposal The Securities and Exchange Board of India (Sebi) has recently circulated a proposal aimed at reinforcing the operational standards for merchant bankers. This initiative includes introducing more stringent qualification criteria and increasing the net worth requirements. Mumbai currently hosts 224 registered merchant bankers, including notable firms like 360 ONE WAM Ltd, AK Capital Services Ltd, JM Financial Ltd, and Kotak […]