Sebi eases IFSC norms for intermediaries

Securities and Exchange Board of India (Sebi) has laid down rules to facilitate the take-off of the country's first international financial services centre in Gujarat next month. 

The capital market regulator has relaxed net worth and shareholding limit for market intermediaries planning to open offices within the international finance services centre (IFSC) that will be housed at the special economic zone of the Gujarat International Finance Tec-City (Gift City). 

Sebi on  .. 

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