India, Aug. 11 -- Markets regulator SEBI on Monday proposed increasing the maximum number of ISINs, the unique identification numbers for securities, that can mature in a financial year for privately placed debt securities to 17 from the existing 14, in a move aimed at easing liquidity and refinancing pressures for NBFCs and large corporates.

Under the proposal, the maximum number of ISINs maturing in a financial year would comprise up to 12 ISINs for plain-vanilla debt securities, against nine currently, and up to five ISINs for structured debt securities, market-linked debt securities, Floating Rate Bonds (FRBs), Zero Coupon Bonds (ZCBs) and Debt Capital instruments (Tier-II bonds), the Securities and Exchange Board of India said in it...