Finance · Financial Markets
Which of the following is a 'Qualified Institutional Buyer' (QIB) as per the guidelines laid down for the primary capital market?
- 1A retail investor participating in the Anchor Investor portion of an IPO.
- 2A large corporate house with a net worth of over 500 Crore but no financial license.
- 3A Scheduled Commercial Bank or a Mutual Fund registered with SEBI.✓
- 4A High Net-worth Individual (HNI) with an annual income exceeding 10 Crore.
Correct answer
A Scheduled Commercial Bank or a Mutual Fund registered with SEBI.
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