Retail investors may use UPI, or the unified payments interface mechanism, to apply in the public offering of REITs and InvITs for application values up to Rs 5 lakh, according to capital markets regulator Sebi. The Securities and Exchange Board of India (Sebi) stated in two separate circulars that the new framework, which aims to further streamline the procedure, will be applicable to public issue of units of Infrastructure Investment Trust (InvIT) and real estate investment trust (REIT).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
KEY POINTS:
Find More News on Economy Here
The Uttarakhand Tourism Development Board has teamed up with Starscapes, an astro-tourism company, to introduce…
In a gesture of solidarity and recognition, Palestinian journalists covering the crisis in Gaza have…
Retired Justice Sanjaya Kumar Mishra has been appointed as the President of the Goods &…
Atanu Chakraborty's re-appointment as part-time Chairman of HDFC Bank for three years, effective from May…
American Express is set to inaugurate its expansive new campus in Gurugram, spanning nearly one…
In the latest edition of the World Press Freedom Index published annually by Reporters Without…