Under the proposal, the purchaser of Gift PPI can gift the prepaid payment instrument to a recipient, who can then use the instrument to subscribe to mutual fund units, Sebi said
Murty was formerly additional controller general of defence accounts for Ministry of Defence
Sebi suggested a cap of Rs 50,000 per investor per financial year for investments made through gift PPIs
Securities and Exchange Board of India flags a shrinking, metro-centric advisor base, raising concerns over financial inclusion and rising influence of unregulated finfluencers
Sebi will review HDFC Bank board minutes after chairman Atanu Chakraborty's exit, with its chief cautioning independent directors against unsubstantiated remarks
New investments in pooled vehicles will be permitted, provided they are professionally managed by regulated market intermediaries
Data from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), and the World Bank suggests that India is a global outlier in the relative size of our credit markets
The SC bench observed that its primary concern was the recovery of funds, stating that it was interested in money coming back to India, as this would benefit banks
It can be noted that the resignation had led to a sharp correction in the HDFC Bank scrip, as investors became concerned
Sebi board clears FPI settlement norms; approves recommendations on conflict of interest
Sebi has relaxed reporting requirements for brokers and depository participants, allowing selective account reporting and simplifying demat disclosure norms
IPO-bound companies will now be required to submit this abridged prospectus alongside their detailed offer documents
The company proposes to utilise proceeds from the fresh issue to support its working capital requirements, purchase of construction vehicles and equipment, and for general corporate purposes
Securities and Exchange Board of India to consider easing FPI settlement norms and tightening governance rules as part of a broad regulatory overhaul
Bank settles Sebi case over alleged violations of FPI regulations, including licensing and registration lapses, without admitting or denying findings
Sebi WTM Kamlesh Chandra Varshney says recent market correction has made Indian equities attractive for FPIs, while highlighting opportunities for Russian firms to raise capital and list locally
Relaxations for REITs and InvITs, and intermediaries on 'fit and proper' criteria also on the agenda
FPIs continue to be net sellers in the Indian markets in FY26, and in the first 12 days of March alone, there has been a sell-off of over Rs 77,000 crore by them, as per reports
The case stems from Sebi's examination of quarterly filings of Accuracap Vectra Fund, a scheme under Accuracap Prime Opportunities Fund, for FY24
Brokers including Zerodha and Angel One pay ₹1 lakh each to settle case over links with algo platforms that claimed guaranteed or consistent returns