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SEBI explores broadening QIB definition to allow debt market investments by universities and urban local bodies

May 17, 2023, at 03:37 am

If the consultation paper issued by the market regulator SEBI is approved, it could enable higher educational institutions, urban local bodies, and Micro Units Development & Refinance Agency (MUDRA) to participate as Qualified Institutional Buyers (QIBs) in investing in debt securities, Moneycontrol reported.

LIC IPO DAY 5: Overall oversubscription 2.95 times, policyholders 6.15 times, staff 4.99 times, QIB's 2.83 times

May 10, 2022, at 12:57 am

Mumbai/IBNS: The initial public offering (IPO) of Life Insurance Corporation, an Indian Statutory insurance and investment corporation, on Day 5 received a healthy response with the offer being oversubscribed 2.95 times, receiving a high rate of participation from tier 2 and tier 3 cities, according to Moneycontrol India.