Sebi's board meet today has heavy duty agenda

The Securities and Exchange Board of India (Sebi) can set rules to alter fund managers to manage foreign cash from Indian shores.

The market regulator also will build more relaxations to rules governing assets investment trusts (Reits), to assist the instrument pop out.

The announcements area unit seemingly at Sebi’s committee meeting on weekday. The board also will approve its annual accounts for 2015-16. it'll be the last committee meeting of Prashant thermoplastic resin, Sebi’s longest-serving whole-time member. His term ends on June twenty seven and also the government has already set the ball rolling to search out a replacement.

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