The FinTech Hub
Source: Live Mint Markets regulator Sebi issued a circular on instant redemption in liquid funds in 2017, allowing investors to withdraw up to ₹50,000 or 90% of the money parked in a liquid fund per day, whichever is lower. Many fund houses such as PPFAS, Nippon, Shriram, Bajaj, ICICI, HDFC and SBI offer this facility. …
Source: Live Mint Mumbai: The market regulator has clarified that it is neither mandatory for digital platforms to seek recognition as a ‘specified digital platform’, nor are they directly governed by Sebi regulations. The Securities and Exchange Board (Sebi) had on 29 August said that regulated individuals or entities, such as stock exchanges, clearing corporations,…
Source: Live Mint If you are a retail investor and your phone number is linked to your demat account then you must be aware that no one else is permitted to use the same mobile number and email ID. And understandably so! This is essentially meant to maintain privacy and confidentiality of investment made by individual…
Source: Live Mint Trafiksol IPO: Capital markets regular Securities and Exchange Board of India (SEBI) on Tuesday, December 3, ordered Trafiksol ITS Technologies Ltd to refund investor’s money worth ₹45 crore within one week after halting the share listing of the SME IPO. The market watchdog also directed the Bombay Stock Exchange (BSE) in its…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has proposed a new online system to improve the monitoring and supervision of stockbrokers’ system audits. This proposal, aimed at enhancing audit quality and accountability, will create a web-based platform for stock exchanges to oversee the system audit process for brokers in real-time. It…
Source: Live Mint Quant Mutual Fund confirmed it has appointed a new chief executive in an effort to decouple the CEO and CIO (chief investment officer) functions currently held by founder Sandeep Tandon. The new chief executive, who is set to join in April 2025, is a mutual fund industry outsider – from a global…
Source: Live Mint 2024 has been a landmark year for the Indian initial public offer (IPO) market, with an unprecedented surge in fundraising and retail participation. The allure of quick wins has led to massive oversubscriptions, especially in the small and medium enterprises (SME) segment. Strong listing gains have further fuelled this frenzy. While foreign…
Source: Live Mint Markets regulator Securities and Exchange Board of India (Sebi) has recently identified several concerns plaguing the SME space such as misuse of IPO proceeds, fund diversion, promoter exits and market misconduct. These issues pose threats to investor protection and market integrity. A Sebi analysis reveals that many SMEs have engaged in substantial…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (SEBI), on Thursday, November 28, announced measures to ensure seamless trading during technical outages, particularly in interoperable segments such as equities, derivatives, and currency markets on stock exchanges. The measures aim to strengthen the business continuity and disaster recovery mechanisms of the two…
Source: Live Mint India’s capital markets regulator is looking into whether the Adani group violated rules mandating the disclosure of market-moving information, according to people with knowledge of the matter. The Securities and Exchange Board of India has asked officials at the stock exchanges if Adani Green Energy Ltd failed to properly disclose the US…
