Mumbai : With questions being raised about a USD one-billion debt market investment of Deutsche Bank and others, financial regulators RBI and Sebi are having a fresh look at the case to ensure compliance to their norms, reports PTI.
Besides, they are also reviewing their regulations for greater clarity in this area and to ensure there is no room for any ambiguity.
This follows reports that Deutsche Bank and some other foreign investors put in nearly USD one billion in the Indian debt securities through Guernsey-based UTI International, which is registered with Sebi as a foreign investor and is also a subsidiary of UTI Mutual Fund.
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