Union Budget proposes creation of a social stock exchange- under the regulatory ambit of Securities and Exchange Board of India (SEBI) for listing social enterprises and voluntary organizations

Union Budget proposes creation of a social stock exchange- under the regulatory ambit of Securities and Exchange Board of India (SEBI) for listing social enterprises and voluntary organizations https://www.taxtmi.com/news?id=21627 A social stock exchange is proposed under SEBI regulation to list social enterprises and voluntary organisations, enabling them to raise capital as equity, debt, or units like mutual funds. The Government will pursue inter-operability between RBI depositories and SEBI depositories to permit seamless transfer of treasury bills and government securities between RBI and depository ledgers, taking necessary measures in consultation with RBI and SEBI. en-us Fri, 05 Jul 2019 16:38:17 +0530 Fri, 05 Jul 2019 16:38:17 +0530 TaxTMI RSS Generator Union Budget proposes creation of a social stock exchange- under the regulatory ambit of Securities and Exchange Board of India (SEBI) for listing social enterprises and voluntary organizations https://www.taxtmi.com/news?id=21627 A social stock exchange is proposed under SEBI regulation to list social enterprises and voluntary organisations, enabling them to raise capital as equity, debt, or units like mutual funds. The Government will pursue inter-operability between RBI depositories and SEBI depositories to permit seamless transfer of treasury bills and government securities between RBI and depository ledgers, taking necessary measures in consultation with RBI and SEBI. News - Fri, 05 Jul 2019 16:38:17 +0530 https://www.taxtmi.com/news?id=21627