SEBI Allows Payments Banks to Carry Out Activities of Investment Bankers - 04.08.2021

Securities and Exchange Board of India has allowed payments banks to carry out the activities of investment bankers to provide easy access to investors to participate in public and rights issues by using various payment avenues. Non-scheduled payments banks, which have prior approval from the Reserve Bank of India (RBI), will be eligible to act as a banker to an issue (BTI).

Tags : Securities and Exchange Board of India Activities of Investment Bankers

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