The FinTech Hub
Source: Live Mint Much of collateral placed by investors is locked in opaque systems controlled by brokers, custodians and banks, Securities and Exchange Board of India’s (Sebi) Whole Time Member Ananth Narayan G said on Thursday, highlighting the inefficiencies within the system. Speaking at the India Fintech Forum 2024 in Mumbai, Narayan said that much…
Source: Business Standard 3 min read Last Updated : Oct 03 2024 | 9:48 AM IST Market regulator Securities and Exchange Board of India (Sebi) has introduced new requirements for qualified stock brokers (QSBs) to offer either a UPI-based block mechanism or a three-in-one trading account facility to their clients from 1 February, 2025….
Source: Business Standard 3 min read Last Updated : Oct 02 2024 | 5:10 PM IST Starting February 1, qualified stock brokers will have to either offer the facility of trading in the secondary market using the UPI-based block mechanism to their clients, similar to the ASBA facility, or a three-in-one trading account facility,…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has directed that all individual investors applying for public issues of debt securities through intermediaries for amounts up to ₹5 lakh should only use UPI for blocking the required funds. The investors should provide a bank account-linked UPI ID in the bid-cum-application…
