Risk And Return LET US SUM UP - Accounts and Finance for Managers

The Govt of India has instituted the supreme authority SEBI to monitor and control the proceedings of the capital market in the country. The SEBI has been given additional powers and functions with reference to civil court procedure 1908 to regulate the capital market. Recent Developments RBI approval copy is exempted. FIIs permitted to invest upto 100% in debt market funds. FIIs which have securities worth of Rs 100 cr or more than mandatory requirement is to settle the transaction only through demat mode, FIIs/ NRIs/OCB -30% of the equity of the company in accordance with the union budget - 1997-98. It was hiked by the union finance minister during the budget 2000.

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