PNB allowed to continue operations of MF arm
Mumbai: The Reserve Bank of India has allowed Punjab National Bank to continue the operations of its mutual fund subsidiary, PNB Asset Management Co Ltd (PNB AMC).
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Listing authority must come under SEBI: Panel
New Delhi: The Securities and Exchange Board of India (SEBI) Committee on delisting is of the view that the proposed Central listing authority (CLA) should be set up under the aegis of SEBI. The committee has also held that the CLA should derive its powers from SEBI Act or its regulations.
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JPC may seek `lead' market regulator
New Delhi: The Joint Parliamentary Committee (JPC) investigating into the capital market scam of 2001 may suggest to the Government to set up a ``lead regulator'' for the capital market to plug the regulatory loopholes.
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