Muthoot Finance gets primary approval for proposed MF business

Capital Market 

From SEBI

Finance announced that SEBI has provided its primary approval for setting up Asset Management Company and along with other compliance under SEBI (Mutual Fund) Regulations, 1996 in order to get registered with SEBI for the proposed mutual fund.

The Company has to complete the registration process within 6 months of above said primary approval in order to get registered with SEBI for setting up proposed mutual fund Business, subject to further regulatory approvals.

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First Published: Fri, July 20 2018. 18:00 IST