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Curbing frauds: Sebi brings more checks for investors via valid UPI handle

Investors will be able to authenticate if the entity receiving the payment is a valid entity under the ambit of Sebi

Sebi
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The new UPI IDs will be allocated by banks within 90 days after the Sebi circular. The old IDs will be discontinued by intermediaries after 180 days — around mid-December. The three-month window after going live is for a smoother transition.

Khushboo Tiwari Mumbai

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Amid rising instances of unregistered entities defrauding investors, market regulator Securities and Exchange Board of India (Sebi) has rolled out a new initiative, with the help of National Payments Council of India (NPCI), under which investors will be able to verify if the entity to which they are transferring money is registered with Sebi or not.
 
The new “@valid” handle for registered entities will go live from October 1, 2025. Only registered and authentic entities will be able to secure this handle through banks. All registered intermediaries have been mandated to obtain the new UPI IDs.
 
Which entities can get