SEBI’s 2024 Agenda: Priorities to Consider for the Market Regulator SEBI, the Securities and Exchange Board of India, must set its priorities for the year 2024. Now is the time to make significant strides and take tough decisions while the market’s appetite is high. Below are five considerations which SEBI must prioritize in its 2024 plan: Winding down SIP Obsession SEBI, along with the intermediary and investment industry, may want to rethink their obsession with […]

In September 2016, the Reserve Bank of India (RBI) released the account aggregator guidelines, providing a framework for a special category of non-banking financial companies (NBFCs) known as account aggregators. However, despite the potential benefits they offer in terms of financial inclusion, the business model of account aggregators faces significant challenges. The Importance of Account Aggregators in Financial Inclusion Millions of individuals and small businesses struggle to access loans, insurance, and other financial products due […]

How to Claim Unclaimed Money in SBI FD, RD, or Savings Account Have unclaimed money in your FD, RD, or savings account with State Bank of India (SBI)? In this article, we will explain the process of claiming these deposits and provide valuable information to help SBI customers recover their unclaimed funds. Unclaimed Deposits From SBI | FD, RD, Saving Account Understanding Unclaimed Deposits from SBI After a period of inactivity or maturity, balances in […]

Indian banks are facing liquidity constraints and are turning to certificates of deposit (CDs) as a solution for their short-term funding requirements. According to a report by Reuters, December is expected to witness the highest issuance of CDs since March. In November alone, banks raised ₹76,200 crore through the sale of CDs, marking the highest amount for this financial year, as reported by information provider Prime Database. Significant Increase in CD Fundraising in December As […]

How to Add a Nominee to Your Mutual Fund and Demat Account December 31, 2023: The Deadline to Add a Nominee Adding a nominee to your mutual fund and demat account is crucial, and the deadline to do so is December 31, 2023. It is mandated by the Securities and Exchange Board of India (SEBI) that individual investors and demat account holders must either provide nomination declarations or choose to opt out of nominations by […]