"The framework is proposed to be implemented with effect from April 1, 2019 and the large corporates, which has been identified in terms of criteria... shall raise 25 per cent of its borrowings (incremental) for the following year through bond market," Sebi said in its consultation paper.
The regulator has called for public comments on the proposed framework by August 13.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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