SEBI plans to expand mutual fund intraday borrowing
SEBI proposes expanding intraday borrowing for mutual funds to cover trade settlements and margins. Implementation of the new rules is deferred to July 15.
Xurve View
Xurve View
India's markets regulator proposed to expand intraday borrowing for mutual funds beyond investor redemptions to include trade settlements and derivative margins. The Securities and Exchange Board of India (SEBI) also deferred implementing these new liquidity guidelines until July 15. The move transforms intraday borrowing into a broader cash management tool for asset managers.
