India’s markets regulator has proposed replacing the T-2 day closing net asset value (NAV) used as the base price for exchange-traded funds (ETFs) with a more current T-1 NAV to remove the one-day lag that can misalign price bands with prevailing market conditions, particularly during periods of volatility. In a consultation paper issued on Friday,…
India’s market regulator has proposed targeted regulatory changes for real estate and infrastructure investment trusts, seeking to ease cash deployment, borrowing flexibility, and post-concession asset handling while retaining existing investor protection norms. In a consultation paper issued on Thursday, the Securities and Exchange Board of India (Sebi) has proposed allowing InvITs to continue holding special…
MUMBAI: The Securities and Exchange Board of India (Sebi) is set to soon release proposals on netting of foreign portfolio investor (FPI) trades and norms for a closing auction framework, Sebi chairman Tuhin Kanta Pandey said on Friday. “I think the consultation paper (on netting) will be out very, very soon,” Pandey said at Samvad,…
