Tag: minimum capital requirement

SEBI mulls doubling custodian net worth requirement, tighter compliance norms – CNBC TV18

[ad_1] The Securities and Exchange Board of India (SEBI) has proposed raising the minimum net worth requirement for custodians to ₹1,000 crore, up from ₹500 crore, as the volume of client assets managed by custodians has expanded significantly. Outlined in a consultation paper issued on Wednesday (November 13), the proposal aims to strengthen custodians’ compliance […]

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