Financial Information Providers in the Account Aggregator Framework

Enabling FIPs in the securities market i.e. Depositories and Mutual Fund Asset Management Companies through their Registrar and Transfer Agents to provide financial information to Account Aggregator (AA) is yet another major step towards digitisation effort. The provision would enable credit lending institutions and banks to access the securities market data related to financial assets held by credit seekers and lead to better credit/ lending decisions.

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Nehal Vora - Interview

Interview with Shri Nehal Vora, MD and CEO of CDSL: Discover how decades of SEBI-led reforms turned a 19th-century, floor-traded market into a fully digital, AI-enabled ecosystem. Whether you’re an investor, policymaker or fintech enthusiast, this conversation with Shri Nehal Vora charts India’s unique journey from paper to pixels and previews what’s next for inclusive capital-market growth.

SEBI Introduced Validated UPI Handles and SEBI Check

SEBI announced a significant initiative to enhance investor protection and combat unauthorized money collection in the securities market. Effective October 1, 2025, SEBI will introduce a structured and validated UPI address mechanism, featuring the exclusive valid handle, for all SEBI-registered investor-facing intermediaries.

D C Anjaria Committee on Review of SEBI Fee Structure for Stock Brokers

The fee structure for the brokers prescribed in the regulations was based on the recommendations made way back in 1992 by the R S Bhatt Committee. The recommendations of the Committee were based on the then level of brokerage earned by the brokers. Over the next decade, the market structure witnessed sea change, which coupled with fierce competition among brokers, has brought down the level of brokerage drastically. This necessitated a review of the fee structure for the stock brokers. Accordingly, on January 21, 2002, SEBI constituted a Committee under the Chairmanship of Mr. D. C. Anjaria to review the fee structure for the stock brokers. The Committee submitted its report during November 2003.