SEBI has announced to establish two working groups under the chairmanship of whom to review the role and eligibility of a sponsor of a mutual fund?
• SEBI announced the formation of two working groups to review the role and eligibility of a sponsor of a mutual fund. • The first group will look at an alternative set of eligibility requirements to enable new players, who otherwise may not have been eligible, to act as sponsors. • The other group will look at streamlining the role and obligations of trustees of mutual funds. • SEBI has formed a working group under the chairmanship of A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC, and chairman of AMFI (Association of Mutual Funds in India). • The working group will also examine the need for sponsor to dilute its stake in asset management company (AMC) from the existing requirement of holding at least 40% of the net worth.
What is the maximum application amount that individuals can utilize UPI for, as per the guidelines issued by SEBI for public issues of equity shares and...
Which is the outermost part of the earth?
______ is reducing the degree or intensity of, or eliminating, pollution.
Match List – I with List – II and select the correct answer using the code given below the list:
Who appoints the Attorney General of India?
Recently RBI lowered the net worth requirements for entities operating units in BBPS to _____ from Rs. 100 Cr.
The second stage of a child’s understanding of language is
From which country were the highest amount of FDI inflows received by India during the financial year 2020-21?
The third Buddhist Council was held by:
Which bank introduced its groundbreaking mobile banking app IRIS, marking a significant advancement in India's digital banking landscape?