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<h1>SEBI Updates Bankers to an Issue Regulations, 1994: Redefines 'Banker,' Updates References, and Enhances SEBI Action Powers.</h1> The Securities and Exchange Board of India (SEBI) has amended the Bankers to an Issue Regulations, 1994, effective from July 30, 2021. The amendments redefine a 'banker to an issue' as a scheduled bank or other specified banking company involved in activities like acceptance of application monies, allotment monies, and payment of dividends. The regulations also update references to the Companies Act, 2013, and SEBI regulations concerning substantial acquisition and takeovers. Additionally, the amendments allow SEBI to take appropriate actions based on inspection or investigation reports under the Intermediaries Regulations, 2008.