يحاول ذهب - حر
UPI ID for every market participant
June 12, 2025
|The New Indian Express Hyderabad
WITH the increasing incidents of investors getting defrauded by unscrupulous elements, market regulator Sebi is developing a digital shield to protect investors from being defrauded, using an NPCI-verified UPI Id for each market participant and banks.
The tool called "Valid" will be launched from October 1, which along with the tool "Sebi Check", will be validating payment authenticity. By October 1, all market makers who number around 9,000 will have to roll out this feature on their trading platforms, Sebi chairman Tuhin Kanta Pandey told reporters here on Wednesday.
"We have roped in NPCI for the tool and the Corporation will be creating unique IDs for each bank, which can be verified on Sebi Check," he added. Through Sebi's payment mechanism '@Valid', all market intermediaries will be able to use it to collect funds from clients via UPI app, benefitting brokers, mutual funds, research analysts, investment advisers, and other market intermediaries, he added.
هذه القصة من طبعة June 12, 2025 من The New Indian Express Hyderabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Hyderabad
The New Indian Express Hyderabad
India’s criminal justice system to be most modern, says Shah
HAILS REFORMS
1 mins
October 14, 2025
The New Indian Express Hyderabad
Gujarat RTI: Whistle-blowers silenced, data buried
TWENTY years after the Right to Information (RTI) Act came into force, Gujarat’s transparency story shows governance gaps.
1 mins
October 14, 2025
The New Indian Express Hyderabad
CRYPTO THEFT Court sanctions restructuring plan of WazirX
MORE than a year after crypto exchange WazirX suffered a cyber attack leading to the theft of %2,000 crore worth of funds, its parent company Zettai Pte on Monday said the High Court of Singapore has officially sanctioned creditor-approved restructuring scheme proposed by Zettai with modification.
1 min
October 14, 2025
The New Indian Express Hyderabad
Tata Capital IPO makes muted debut amid broader equity mkt weakness
TATA CAPITAL shares made a muted stock market debut on the stock exchanges on Monday.
1 min
October 14, 2025
The New Indian Express Hyderabad
SC: Have 2017 palliative care norms been met?
THE Supreme Court on Monday gave the Centre three weeks to update it on the implementation of 2017 palliative care guidelines issued by the Health Ministry.
1 min
October 14, 2025
The New Indian Express Hyderabad
Mishra says India a leader in early warning collaboration on calamities
PARTICIPATING in the ‘G20 Disaster Risk Reduction Ministerial’, PK Mishra, the Principal Secretary to PM Narendra Modi, has showcased India’s leadership in financing and early warning collaboration in managing calamities.
1 min
October 14, 2025
The New Indian Express Hyderabad
'We just need our own sunlight'
It was a rainy morning in Noida — the kind that turns the skyline grey and the city’s edges soft.
3 mins
October 14, 2025
The New Indian Express Hyderabad
NAME MORE STANDS AFTER WOMEN CRICKET GREATS
UNDAY will go down asa red-letter day in women’s cricketing history for more reasons than one.
1 mins
October 14, 2025
The New Indian Express Hyderabad
Yogi okays restructuring of Invest UP, to set up expert cells and open offices
IN the first meeting of the Invest UP Governing Body, chaired by CM Yogi Adityanath on Monday, several key decisions were taken aimed at strengthening the state’s industrial investment ecosystem.
1 min
October 14, 2025
The New Indian Express Hyderabad
SIT probe plea into ‘vote theft’ in K’taka nixed
THE Supreme Court on Monday refused to entertain and pass an order on a PIL filed by lawyer Rohit Pandey seeking a Special Investigation Team (SIT) headed by a former judge to inquire into the allegations raised by Leader of Opposition Rahul Gandhi of large-scale electoral roll manipulation.
1 min
October 14, 2025
Listen
Translate
Change font size