Investment bankers seek dilution of SEBI’s proposed merchant banking norms

Investment bankers are seeking a dilution of SEBI’s proposed merchant banking norms. The new regulations aim to enhance transparency and accountability in the merchant banking sector. However, industry stakeholders argue that some of the proposed norms are too stringent and could hinder business operations. They are advocating for a more balanced approach that ensures regulatory compliance without stifling growth. The discussions between SEBI and industry representatives are ongoing, with the aim of reaching a consensus that addresses both regulatory objectives and industry concerns.