RBI allows PDs to invest and trade in equity
Published Friday, July 07, 2006 by Money Man Mike | E-mail this post
Mumbai: Stand-alone Primary Dealers (PDs) can now diversify their activities including investment,trading in equity, units of equity oriented mutual funds and advisory services, merchant banking, etc., in non-core areas, other than areas like government securities and other fixed-income securities.
Tagged: investment
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