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of <h1>SEBI Establishes Regulatory Framework for Merchant Bankers u/s 30 of SEBI Act, 1992.</h1> The Securities and Exchange Board of India (SEBI) issued the Merchant Bankers Regulations, 1992, under the authority granted by Section 30 of the SEBI Act, 1992. This notification, dated December 22, 1992, was published in the Gazette of India. It outlines the regulatory framework established by SEBI for merchant bankers, following prior approval from the Central Government. The regulations aim to govern the activities and operations of merchant bankers within India, ensuring compliance with the standards set by SEBI.
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