The issues between the Optional Investment Fund (AIF) Industry and the Securities and Exchange Board of India (SEBI), which were present two years ago, are now resolved, on Tuesday, an union (CII) union (CII) said Anant Narayan Ji, a full -time member of the regulator in a union of a union (CII).
âWe had part of our issues with classes of this industry two years ago, when we found that some AIFs were structured to ignore the financial sector rules. The good news is that stakeholders, associations such as IVCA and SEBI have ever worked to ensure that these errors are plugs, âhe said.
IVCA means for the Indian enterprise and the alternative capital union, which is a non-profit industry body associated with the alternative capital industry.
Calling the AIF industry a silent winner, Narayan said that the domestic AIF industry is expanding rapidly, the total commitments are reaching Rs 13 lakh crore by December 2024.
(Tagstotransite) SEBI (T) Securities and Exchange Board of India