The unlisted bond distribution market is likely to come under scrutiny of the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/securities-and-exchange-board-of-india” target=”_blank”>Securities and Exchange Board of India in the wake of the crisis at all-electric cab hailing startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blusmart-mobility” target=”_blank”>BluSmart Mobility, said industry insiders.
BluSmart sold more than Rs 100 crore of unlisted, unsecured corporate bonds to high-net-worth individuals as well as some retail investors in the past one year, mostly facilitated by fintech platforms like ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/yubi” target=”_blank”>Yubi, Centricity and Klub.
Sebi is not in favour of allowing retail investors to have exposure to such products which are…
