Exam jitters grip finance pros as Sebi mandates certification

New Delhi: Several private equity and hedge fund managers are experiencing exam jitters following a proposal that mandated the finance pros validate their skills by clearing a certification examination from the National Institute of Securities Market (NISM). The Securities and Exchange Board of India (Sebi) approved the proposal mandating certificationRead More →

SEBI approves ASBA-like facility for investors to trade in secondary market

Market regulator Sebi’s board approved ASBA-like facility for trading in the secondary market for investors. Stock brokers will be able to directly settle brokerage payments with UPI clients under the proposed framework, or they can choose to use CC’s facility to have the standard rate of brokerage deducted from the UPIRead More →