Putting its weight behind RBI in dealing with ‘wilful defaulters’ of bank loans, capital markets regulator Sebi is considering barring such entities from raising funds through stocks and other securities.“Work is going on this front... We can say that you (wilful defaulter) can not raise the money from the markets,” Sebi chairman UK Sinha said.To tighten the regulatory noose around wilful defaulters, the Reserve Bank has suggested to the Securities and Exchange Board of India that such entities should be prevented from raising funds through capital markets.

Source - http://www.financialexpress.com