Sebi is considering tightening rules for SME IPOs to protect retail investors. The regulator proposes to debar companies whose promoters or directors are debarred from the capital market or are wilful defaulters. This move aims to enhance investor protection in the SME IPO segment.
Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector banks (PSBs).
SME IPO: The Securities and exchange board of India (Sebi) on Tuesday released a consultation paper and sought public feedback on suggestions made by the stock exchanges and merchant bankers to increase the application size.
Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
