SEBI declares setting up of performance validation agency ‘PaRRVA’; eases norms for InvITs, REITs in board meeting | Stock Market News

In its recent board meeting, SEBI has decided to establish a performance validation agency, Parrva, to enhance the credibility of financial products and services. Additionally, the regulatory body has eased norms for Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to encourage more investments in infrastructure and real estate sectors. The changes are expected to foster growth in these sectors by attracting more institutional investors and enhancing transparency. These measures are part of SEBI's ongoing efforts to improve market access and investor protection in India’s capital markets.