Role of QIB in Indian Capital Markets

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Issue:

Business

 

Written by:

Dan C

 

Date added:

August 21, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2224

 

Was viewed:

488 times

 

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Essay content:

Development Financial Institutional, both multilateral and bilateral 5. VCF (Venture Capital Funds) registered with SEBI 6. SIDC (State Industrial Development Corporations) 7. Insurance Companies registered with the IRDA (Insurance Regulatory and Development Authority) 8. Provident and Pension Funds with minimum corpus of 25 crores...
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Provident and Pension Funds with minimum corpus of 25 crores. Such QIBs shall not be promoters or related to promoters of the issuer, either directly or indirectly. Besides, QIBs cannot have either veto rights or the right to appoint any nominee director to the board because that would also be considered to be related to the promoter...
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