November 05, 2024 16:21 (IST)
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SEBI explores broadening QIB definition to allow debt market investments by universities and urban local bodies

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

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

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

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.