%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(5).png "SEBI Sets Rs 1 Crore Minimum Investment, Mandatory Demat for Securitised Debt Instruments")
Key Regulations:
a) ₹10 lakh
b) ₹25 lakh
c) ₹50 lakh
d) ₹1 crore
- Minimum Investment: ₹1 crore for issuance and subsequent transfers of SDIs.
- Mandatory Demat: All SDIs must be issued and transferred exclusively in demat form.
- Public Offer Duration: Open for 3 to 10 days, with advertisement rules aligned with non-convertible securities.
- Risk Retention: Originators must retain 10% of the securitised pool or 5% for receivables maturing within 24 months.
- Holding Period: 3 months for loans ≤ 2 years, 6 months for loans > 2 years.
- Clean-Up Call: Optional repurchase of up to 10% of the original asset value to manage longevity.
- These measures aim to enhance investor protection, market stability, and transparency in securitisation activities.
Question:
Q.1 Wha is the minimum investment threshold for Securitised Debt Instruments (SDIs) as per SEBI's new mandate effective from May 6, 2025?a) ₹10 lakh
b) ₹25 lakh
c) ₹50 lakh
d) ₹1 crore
Answer: d) SEBI has mandated a minmum investment of ₹1 crore for the issuance and subsequent transfers of SDIs to ensure only well-informed and capable investors participate in the securitised market, thereby enhancing risk mitigation.
