Regulator Sebi today asked stock exchanges to formulate a comprehensive policy document for providing bourse-related data to market participants in a fair and transparent manner.
Welcoming the RBI measures, Karthik Srinivasan, Senior Vice-President, Icra, said, "The slew of measures announced by RBI should encourage greater participation from issuers, investors and intermediaries as it has accepted many of the recommendations of the Khan committee report."
In April 2014, the RBI had announced that it would examine the possibility of allowing limited re-repo/re-hypothecation of repoed government securities with the objective of developing the term repo/money market.
Sebi chairman UK Sinha has made a norm of meeting market participants to gauge market issues. He held a meeting on Tuesday in Mumbai where he met 25-30 market participants not only from custodians but also from brokerages and financial institutions.
Mutual funds pool together money from many investors and invest it on their behalf, in accordance with a stated set of objectives.