The Reserve Bank of India (RBI) has made significant adjustments to lending norms for initial public offering (IPO) financing and loans against shares (LAS), a move that will increase the availability of credit to capital market participants.

The RBI has increased the IPO financing limit from Rs 10 lakh to Rs 25 lakh per person, while increasing the cap for LAS fivefold – from Rs 20 lakh to Rs 1 crore per person. Meanwhile, the regulatory ceiling on lending against listed debt securities has also been removed.

The proposed changes will undergo public consultation.

“These measures are balanced, calibrated, and thoughtfully considered,” said governor Sanjay Malhotra during the post-policy press conference. He said provisions such as project finance and IPO financing hadn’t been revi

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