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In order to make investments in the debt segment safer and regain the confidence of investors, Sebi has already taken many steps that have reduced the frequency of defaults. Now, it has again proposed a stronger framework. The regulator has issued a consultation paper on ‘Review of the Regulatory Framework for Corporate bonds and Debenture Trustees and suggested that Non-Banking Financial Companies (NBFCs) create a charge on the identified assets for every bond issue. It has given time till March 17, 2020, for public comments on this matter.