Which of the following statements is/are not true with respect to the relaxation of the norms done by SEBI for borrowings through the issuance of debt securities by large corporates to meet their financing needs?
I. Under the rule, entities qualified as large corporates are required to meet 25 per cent mandatory borrowing from bonds.
II. Presently, if at the end of three years, there is a shortfall in the requisite borrowings, a monetary penalty of 0.2 per cent of the shortfall in the borrowed amount is levied.
III. The framework will be applicable from April 1, 2025, for LCs following April-March as their financial year.
SEBI has relaxed norms for borrowings through the issuance of debt securities large corporates to meet their financing needs. Under the rule, entities qualified as large corporates are required to meet 25 per cent mandatory borrowing from bonds. Large corporates are those that have an outstanding long-term borrowing of at least Rs 100 crore with a credit rating of ‘AA and above’ and have their debt securities listed on a stock exchange. In case of shortfall or surplus by way of issuance of debt securities, additional or lower contributions, respectively, to the core Settlement Guarantee Fund (SGF) of the Limited Purpose Clearing Corporation (LPCC) needs to be made by the LC Presently, if at the end of three years, there is a shortfall in the requisite borrowings, a monetary penalty of 0.2 per cent of the shortfall in the borrowed amount is levied. To facilitate ease of compliance as well as ease of doing business, the regulator has retained the requirement that compliance with the framework will be met over a contiguous block of three years. The framework will be applicable from April 1, 2024, for LCs following April-March as their financial year, while the same will be applicable from January 1, 2024, for LCs that follow January-December as their financial year.
7 13 15 29 31 57
...100 180 294 448 648 ?
3601 3602 1803 604 154 36
...5 3 3 5 15 ?
A series is 48, 129, 298, 587, 1028, 1653
If another series 150, ___, m, ___, follows the same pattern as the given number series, then find th...
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979.001 + 4.0087× 82.79 = ?
...31 35 62 ? 203 239
Given below are 3 numbers series I, II and III with an odd one out number (wrong number) in each of the series. The number that should actually come in...
2, 9, 19, 32, 48, 67, ?