New Delhi, May 6 -- The Securities and Exchange Board of India (Sebi) plans to let online bond platform providers (OBPPs) offer products from Gujarat International Finance Tec-City (GIFT City), but early signals suggest platforms may move cautiously.
In a consultation paper issued on Tuesday, the markets regulator recommended changes aimed at easing business conditions for OBPPs while widening the range of products they can offer. Mint explains what these changes are and whether OBPPs are likely to tap the opportunity.
Sebi has proposed allowing OBPPs to offer products regulated by the International Financial Services Centre Authority (IFSCA), such as overseas debt investments, that aren't easily accessible to most Indian investors usin...
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