Why SEBI wants to tighten borrowing norms for PE-VC funds

By Beena Parmar

  • 19 May 2023
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Credit: Reuters

The Securities and Exchange Board of India has proposed new amendments for alternative investment funds on borrowings and registration to strengthen governance mechanisms.  The capital markets regulator said Category I and Category II AIFs, which include venture capital and private equity funds, shall not borrow funds directly or indirectly to make investments.  While ......

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