The FinTech Hub
Source: Live Mint Top News Sanjay Malhotra has been appointed as the new Governor of the Reserve Bank of India (RBI), taking on one of the most significant roles in the country’s financial and economic ecosystem. With a wealth of experience in banking and governance, Malhotra is expected to steer the central bank through complex…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has introduced revised guidelines for stockbrokers regarding the use of shared contact information for multiple clients. SEBI has updated its guidelines on SMS and email alerts to investors, allowing stockbrokers to upload the same mobile number or email address for multiple clients…
Source: Live Mint Top News SEBI Announces Business Continuity Framework for Stock Exchanges The Securities and Exchange Board of India (SEBI) has introduced a new business continuity framework aimed at enhancing market resilience and ensuring uninterrupted trading during operational disruptions. According to a recent circular, this framework will allow for interoperability among stock exchange segments,…
Source: Live Mint Top News The Securities and Exchange Board of India, in its recent circular, has introduced an abridged Common Application Form (CAF) for certain Foreign Portfolio Investors (FPIs). SEBI has simplified the registration process for certain FPIs by introducing an abridged CAF. This applies to FPIs linked to already registered investment managers, sub-funds,…
Source: Live Mint Top News SEBI Mandates Enhanced Transparency in Mutual Fund Disclosures Starting December 2024 In a recent regulatory update, the Securities and Exchange Board of India (SEBI) introduced new measures to enhance transparency in the mutual fund industry. Beginning December 5, 2024, fund houses are required to distinctly disclose expenses and returns for…
Source: Live Mint Top News According to recent data from the Association of Mutual Funds in India (AMFI), monthly contributions to mutual fund Systematic Investment Plans (SIPs) have surpassed ₹24,000 crore for the first time. This milestone highlights the growing popularity of SIPs among Indian investors, who are increasingly relying on this disciplined, periodic investment…
Source: Live Mint Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has issued a recent circular revising the payout timing for securities in T+1 rolling settlements. According to the new guidelines, securities will now be credited directly to clients’ demat accounts by the Clearing Corporations at 3:30 PM on the settlement day. This…
Source: Live Mint Top News India’s foreign exchange reserves saw a significant boost, increasing by USD 12.588 billion to reach an all-time high of USD 704.885 billion as of the week ending September 27, 2024. This growth in reserves can be attributed to several factors, including rising foreign investments, positive trends in exports, and possibly…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has introduced a new directive concerning the use of the Unified Payments Interface (UPI) for individual investors. According to SEBI’s recent circular, starting November 1, 2024, individual investors can apply for public issues of debt securities, non-convertible preference shares, municipal debt securities,…
