More decks cleared for NSE IPO as SEBI puts proposal to separate clearing corporations from exchanges on hold
No proposal for separation of NSE clearing corporation from exchange
SEBI may focus on unbundling clearing & trading fees instead of structural changes
Decision removes key hurdle for NSE IPO
SEBI to set up working group to improve fee transparency and clearing independence
SEBI move seen as easing compliance burden for NSE ahead of public listing plans