Sebi’s role in the promoter financing, MF jumble leaves much to be desired
BSE data suggests the total value of shares pledged by promoters stands at ₹2.15 trillion currently, spread across 2,947 firms
they had been granted time till September to reduce leverage. Reports that mutual funds agreed to such a deal, without receiving additional collateral, has the regulator worried as well. Some experts worry that this is akin to the “ever-greening”...
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