SEBI gives clarification, says it did not issue rolling over advise to mutual funds
Sep 28 2018
News Category: Industry Update
According to media reports, Securities and Exchange Board of India (SEBI) clarified that it has not given any recommendation to mutual funds on matters relating to extending their current exposure in Indiabulls Housing Finance and Dewan Housing Finance. The explanation from the regulator came in after a few media reports said that SEBI is looking for details from mutual funds due to liquidity concerns.