Keen to learn about financial markets? Sebi rolls out free investor certification exam

Keen to learn about financial markets? Sebi rolls out free investor certification exam

Amid the growing might of Indian financial markets, regulator Securities and Exchange Board of India (Sebi) has launched a free and voluntary online investor certification examination. The certificate exam is developed in collaboration with the National Institute of Securities Markets (NISM). This voluntary certification aims to help investors test their knowledge of markets and investing. … Read more

Trader sends abusive responses to Sebi regarding insider trading, fined Rs 20 lakh

Trader sends abusive responses to Sebi regarding insider trading, fined Rs 20 lakh

A stock market trader who was being investigated for insider trading, sent abusive responses to market regulator Sebi, following which he attracted a fine of Rs 20 lakh. Rajat Mishra, the notice in the matter, replied to Sebi in the offensive phrase — “Notice de rxxe ho ya bxxxk mxxxg rxxe ho.” In this regard, … Read more

Sebi warns ICICI Bank over outreach for ICICI Securities delisting

Sebi warns ICICI Bank over outreach for ICICI Securities delisting

Market regulator Securities and Exchange Board of India (Sebi) has issued a warning to ICICI Bank on the outreach undertaken by the lender regarding the delisting of ICICI Securities. The regulator said the outreach programme was done with the objective of maximising participation in the voting process. “The outreach was done in face of a … Read more

TMC MP asks Sebi to investigate stock market manipulation through exit polls

TMC MP asks Sebi to investigate stock market manipulation through exit polls

Mumbai: TMC MP Saket Gokhale has asked securities market regulator Sebi to investigate the June 3 stock market manipulation triggered by election exit polls. In a letter to Sebi chief Madhabi Puri Buch, Gokhale said multiple exit polls predicted a landslide win for the BJP. But, one exit poll predicted “extremely strange” and “inflated seat … Read more

Sebi relaxes timeline for material-change disclosures by FPIs

Sebi relaxes timeline for material-change disclosures by FPIs

Markets regulator Sebi on Wednesday relaxed timelines for disclosure of material changes by Foreign Portfolio Investors (FPIs). The regulator categorised material changes notified by FPIs into two groups. Type I group includes changes that require FPIs to seek fresh registration, or which affect any privileges or exemptions available to such foreign investors and Type II … Read more

Sebi launches Saa₹thi 2.0 mobile app on personal finance

Sebi launches Saa₹thi 2.0 mobile app on personal finance

Market regulator the Securities and Exchange Board of India (Sebi) launched ‘Saa₹thi 2.0‘ mobile app in Mumbai on Monday. The updated Saa₹thi app has introduced a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts, a Sebi release said. It includes financial calculators, and has modules that introduce and explain KYC procedures, mutual … Read more

In AUM term, we are the largest low-income HFC: Rishi Anand, Aadhar Housing Finance

In AUM term, we are the largest low-income HFC: Rishi Anand, Aadhar Housing Finance

Rishi Anand, MD & CEO, Aadhar Housing Finance, says the timing of the election, as their bankers have suggested, does not matter too much. So, they have gone ahead with the listing. In the entire context of getting Sebi approval for IPO in 2022 and not going ahead with it and then coming back with … Read more

SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year

SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year

The corporate earnings scorecard for 4QFY24 has been in line so far. The earnings spread has been decent, with 70% of our Coverage Universe either meeting or exceeding profit expectations. However, growth has primarily been led by the BFSI and Automobile sectors. The earnings growth was fuelled by the domestic cyclicals, such as BFSI and … Read more

Mutual Fund KYC: Here’s how to verify your status online and fix gaps

Mutual Fund KYC: Here’s how to verify your status online and fix gaps

Mutual fund KYC norms: Capital market regulator SEBI from April 1 brought in fresh regulations for KYC process for mutual fund account holders. Under the new norms, asset management companies (AMCs) will have to update KYCs of mutual fund subscribers with Aadhaar and PAN. This directive is applicable to both new and old mutual fund … Read more

Mutual fund investment on hold for KYC? Know who can do re-KYC online and who has to do it offline

Mutual fund investment on hold for KYC? Know who can do re-KYC online and who has to do it offline

Mutual fund investments are getting frozen due to non-compliance with the Know Your Customer (KYC) norms.  Recently, many investors’ mutual fund accounts were flagged because they had not redone their KYC by April 1. Sebi initiated this action due to revisions in the list of officially accepted documents (OVD). Previously, bank statements and bills were … Read more