November 8, 2024

MIIs

Sebi’s UDiFF cuts reporting formats from 200 to 23, members to save ₹200 crore | Stock Market News

Sebi’s UDiFF cuts reporting formats from 200 to 23, members to save ₹200 crore | Stock Market News

TheSpuzz Desk04 mins

Source: Live Mint The unified distilled file formats (UDiFF) introduced by the Securities and Exchange Board of India (Sebi) for ease of doing business are expected to save the market ecosystem an estimated ₹200 crore over the next five years. To streamline processes, enhance ease of business and encourage innovation, Sebi launched an initiative to…

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Investors must use UPI to block funds for buying debt securities up to ₹5 lakh: Sebi | Stock Market News

Investors must use UPI to block funds for buying debt securities up to ₹5 lakh: Sebi | Stock Market News

TheSpuzz Desk03 mins

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…

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