Sebi's introduction of 'accredited investors' in Indian market to open up new fund raising channels
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The concept of 'accredited investors' in the Indian securities market has been introduced by markets regulator Sebi. The move is expected to open up a new channel for raising funds. Net worth or income will be the basis for identifying a person or entity as an accredited investor. According to the regulator, an accreditation certificate will be issued to investors by the subsidiaries of depositories and stock exchanges.