[ad_1] Markets regulator SEBI on Friday extended the deadline till March-end to submit public comments on the proposed guidelines on the treatment of unclaimed funds and securities lying with brokers. The regulator, on February 11, floated the consultation paper regarding the proposal and sought public comments on the same by March 4, 2025. Now, it […]
SEBI proposes tweaks in margin pledge system to prevent misuse of clients’ securities – CNBC TV18
[ad_1] The Securities and Exchange Board of India (SEBI) has proposed a draft circular to amend the current margin pledge system in a bid to prevent the misuse of clients’ securities by brokers. The proposed changes, aimed at enhancing transparency and reducing systemic risks, have been put forward for public comments, with a deadline of […]
Government clarifies new PPF rules amid misinterpretations – CNBC TV18
[ad_1] In response to various misinterpretations circulating on social media, government sources have clarified the recent changes regarding the Public Provident Fund (PPF) rules. The clarification addresses concerns stemming from a small savings circular that has sparked confusion among the public, particularly on platforms like Twitter. Officials emphasize that PPF accounts opened for minors without […]
Indian banks enhance monitoring to combat mule accounts, says RBI Governor – CNBC TV18
[ad_1] Most Indian banks have systems in place to monitor the behaviour of mule accounts, said Reserve Bank of India Governor Shaktikanta Das during a press conference on Thursday. A mule account is a bank account that is used for illegal activities like money laundering, tax evasion, fraudulent transactions, etc. These types of accounts usually […]