The Securities and Exchange Board of India (Sebi) has introduced a phased rollout of stricter merchant banker regulations.
The venture capital playbook is getting a major rewrite. After decades of the traditional model (write checks, offer advice, make introductions), a growing number of funds are morphing into something ...
Merchant bankers cannot take on total underwriting obligations exceeding 20x their liquid net worth. This is aimed at curbing excessive risk exposure and must be complied with by January 2, 2028.