After defaults, Sebi tightens rules for companies listing bonds http://bit.ly/2Qy7pXm - Walletnews For Me

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Monday, May 27, 2019

After defaults, Sebi tightens rules for companies listing bonds http://bit.ly/2Qy7pXm

Markets regulator Sebi on Monday tightened the rules for listed bonds. Companies have been asked to pay an additional 2% interest to holders of privately placed bonds in case of a default, and 1% additional interest in case of delay in listing.
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