Dec 07, 2018 12:09 PM IST | Market
Sebi in talks with industry on mutual funds norms
The crunch hit India's shadow banks in September and October after Infrastructure Leasing and Financial Services (IL&FS) defaulted on a series of debt obligations spreading panic among other NBFCs.
Securities and Exchange Board of India (SEBI) has been scanning India's mutual funds' investments in the shadow banking sector since then.
Published Date: Dec 7th, 2018 12:09 PM | Updated Date: Dec 07, 2018 12:09 PM IST