 "Nirmala Sitharaman")
Finance Minister Nirmala Sitharaman on Wednesday said there is an urgent need for coordinated action among nations to enable a swift economic recovery. Meanwhile, the government is likely to seek a special dispensation from the Sebi and RBI to ease new regulations on investments. More on these stories down below
For LIC IPO, govt may ask regulators to ease new norms on investments
The government is likely to seek a special dispensation from the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) on the applicability of the recently introduced — and yet-to-be-tested — norms regarding anchor investors’ lock-in period and caps on high networth individual (HNI) funding for the initial public offering (IPO) of Life Insurance
