MF houses delay payment: SEBI steps in, seeks information
CNBC-TV18
CNBC-TV18
  • 5 years ago
CNBC-TV18 learns that market regulator Securities and Exchange Board of India (SEBI) has sought information on why full money was not returned to fixed maturity plan (FMP) investors. The move comes after part payment was withheld when the Kotak FMP 183 matured on April 10. Sumaira Abidi, who broke this story, gives details.
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