RBI says foreign investment in non-convertible shares to be part of corp debt limits

Reserve Bank of India (RBI) said on Friday it has decided to include investments in non-convertible shares, redeemable preference shares and debentures within the $51 billion limit reserved for foreign investment in corporate debt in India.

Sebi to simplify broker registration, open new offices

Aiming to deepen capital markets, regulator Sebi Friday announced measures to attract larger number of new investors to equities and also simplified the registration process for brokers.

PSU banks can alter authorised share capital: FinMin

State-owned banks can now increase capital while issuing preference shares, rights issues or bonus shares without being limited by the earlier ceiling of Rs 3,000 crore, the Finance Ministry said on Friday.