The bank is likely to file for its offer document soon after the board clears the fundraising plan.
SBI is expected to mop up almost $202 million via the share sale.
The FPIs are in advanced talks with an Indian bank to act as a custodian.
According to estimates, the industry has over Rs 40,000 crore of exposure to unlisted debt papers
The view was issued by the market regulator in the form of an 'informal guidance' sought by the shoe manufacturer
A senior NSE official says exchange has approached Sebi to allow liquidity enhancement scheme, or market making, to attract volumes
Banks will be able to customise ICAs in accordance with their needs even as more financial stakeholders are on-boarded, including those with foreign currency exposures
Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value
Regulator rejects overseas investments proposals of funds that fail to meet set parameters
Earlier, Sebi is learnt to have asked those who came in close contact with the official who has tested positive to go on a 14-day quarantine
Brokers are supposed to report, on a weekly and monthly basis, the shares of clients that they hold
The tribunal is closed till May 15 in view of the nationwide lockdown announced by the government to prevent the spread of coronavirus
The transaction is being done through an equity purchase stake that values each share at Rs 86.
The 10% threshold is in line with the rules for significant beneficial owners under the Companies Act, 2013
The move comes after the Sebi, Association of Mutual Funds (Amfi), and IDBI trustee moved a Division Bench of the court, challenging the interim order granting protection to Indiabulls.
Can't invest smaller sums unless they meet Sebi's minimum ticket size requirement of Rs 50 lakh
Investment hubs to see greater scrutiny for identification of end-beneficiaries
Move to benefit investors from countries and regions like Mauritius, Cayman Islands who are eyeing Category-I licence
Over Rs 2.59 trillion worth of debt papers see downward rating in February
All the five exchanges, including the MCX, NCDEX, and the ICEX, have capped trading timings to 5 pm. The MCX reports maximum trading in the evening session