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SEBI eases norms for non-residents to transfer shares to kin

SEBI eases norms for non-residents to transfer shares to kin

Mumbai : Capital markets regulator SEBI on Monday granted relaxation to non-residents from furnishing PAN card details to transfer equity shares to their immediate relatives subject to conditions. According to the SEBI, many non-residents such as Non-Resident Indians (NRIs), Overseas ...

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Not filed for consent settlement with SEBI: ICICI Bank

Not filed for consent settlement with SEBI: ICICI Bank

Mumbai : Hours after an official of securities market regulator SEBI said that ICICI Bank has filed for settlement through consent mechanism, the private lender denied filing any such application. The company, however, said that it has submitted its response ...

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Sebi hikes transaction charges on commodity exchanges

Sebi hikes transaction charges on commodity exchanges

Mumbai : Capital market regulator Securities and Exchange Board of India (Sebi) on Wednesday hiked the ratio between highest to lowest transaction charges in “the turnover slab” levied by Commodity Derivatives Exchanges. “The exchanges will ensure that the ratio between ...

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Sebi allows convergence of stock, commodity exchanges

Sebi allows convergence of stock, commodity exchanges

Mumbai : The Securities and Exchange Board of India (Sebi) on Thursday gave its nod to the convergence of both equities and commodity-backed stocks on exchanges from October 2018. The decision taken at the Sebi’s Board Meeting was announced by ...

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