The Securities Exchange Board of India vide circular dated November 03, 2021 has advised the debenture trustees to disassociate themselves from undertaking activities related to unregulated products such as digital gold. Any dealing in activities related to unregulated product by Debenture Trustees may entail action as deemed appropriate under the SEBI Act, 1992 and regulations framed thereunder.
RBI to conduct Daily Variable Rate Repo (VRR) Auctions
RBI has decided to conduct Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day,