Sebi tightens rules for companies listing bonds

Markets regulator Sebi on Monday tightened the rules for listed bonds. Companies have been asked to pay an additional 2% interest to holders of privately placed bonds in case of a default, and 1% additional interest in case of delay in listing.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2wogQz4

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