Merchant Banking
SEBI Tightens Regulatory Framework for Merchant Bankers

SEBI Tightens Regulatory Framework for Merchant Bankers – Effective 3 January 2026 (SEBI Circular No.: HO/49/11/11(106)2025-CFD-RAC-DIL3/I/1796/2026) The SEBI (Merchant Bankers) Amendment Regulations, 2025 introduce a significantly strengthened compliance architecture for Merchant Bankers (MBs), with a clear focus on capital adequacy, governance, accountability, and operational segregation.

Read Blog →