Saturday, February 23, 2008

Sebi nod to Indiabulls to start AMC

Sebi nod to Indiabulls to start AMC

February 22, 2008



Indiabulls Financial Services has received approval from Securities and Exchange Board of India (Sebi) to set up an asset management company (AMC).

Indiabulls Credit Services (ICSL), which was in the consumer finance sector, was merged with Indiabulls Financial Services (IBFSL) and Indiabulls Securities (ISL) was hived off from IBFSL.

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