Regulatory Updates

Regulatory Updates

The banks are required to have suitable criteria for granting fixed remuneration to its NEDs, with the approval of its Board before any review of the extant remuneration
SEBI has released a consultation paper for an enabling framework for the Manager of REIT / Investment Manager of InvIT to offer benefits to its employees based on units of the REIT / InvIT. The purpose is to better the alignment between interest of employees of the Manager / Investment Manager with the interest of REIT / InvIT unit holders