BRIEF-India market regulator proposes amendments to debenture trustee rules

Source : REUTERS
Last Updated: Thu, Feb 16, 2017 19:20 hrs

Feb 16 (Reuters) -

* India market regulator proposes revised norms on debenture trustee regulation

* India market regulator asks debenture trustees to ensure assets of debenture issuers are sufficient to repay interest, principal "at all times"

* India market regulator asks trustees to inform debenture holders "immediately" of any breach of terms of issuance Further company coverage: http://bit.ly/2lnbyzG (Reporting by Promit Mukherjee)

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