Bye-law 16, Securities and Exchange Board of India (Licensing of The business of a merchant banker) Bye-laws, 2017 [SBS-2ST]
As at 7 September 2026. In force from 1 December 2017.
Safe custody.—Every merchant banker shall keep every rating to which these bye-laws apply in a receptacle or place reserved for the purpose at the premises where the business of a merchant banker is carried on, shall record in Form F the description of every rating so kept and the date on which it was received, and shall furnish a copy of the record to the Depository within fifteen days of the close of each year.
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