scorecardresearchNew Sebi rules may adversely impact the bond market: Report

New Sebi rules may adversely impact the bond market: Report

Updated: 08 Aug 2022, 12:18 PM IST
TL;DR.
Bond platforms, either start-ups or businesses backed by banks or brokers, have boomed in India. They mainly target individual investors with a promise of much higher interest rates. SEBI proposes to bar platforms from selling privately placed corporate bonds. 
SEBI proposes to bar platforms from selling privately placed corporate bonds to non-institutional investors within six months of allotment. 

SEBI proposes to bar platforms from selling privately placed corporate bonds to non-institutional investors within six months of allotment.