alexa

Search in Indianmoney's WealthPedia

 
Home News Sebi allows non-bank custodians to manage gold, related instruments

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Demat and Trading AccountsClick Here
 
 
Sebi allows non-bank custodians to manage gold, related instruments

Sebi allows non-bank custodians to manage gold, related instruments

Monday, March 9, 2020, 4:19 PM

Market regulator Sebi has revised mutual fund regulations to permit non-bank Sebi-registered custodians to manage gold or gold-related instruments. Currently, only the banks that are registered as custodians with Securities and Exchange Board of India (Sebi) are permitted to manage gold exchange-traded funds (ETFs) and other gold-related products. For this, the regulator has amended Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.