Page-26 of Economy & Banking Current Affairs - 2024

What is C-KYC Database?

May 24, 2023

The Reserve Bank of India (RBI) has recently classified the Centralised Know Your Customer (c-KYC) database as high risk, posing challenges for financial institutions. This move has prompted banks to explore alternative methods for customer authentication, such as video KYC ..

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SEBI’s Risk Disclosure Framework for Individual Traders in Equity Derivative Segment

May 20, 2023

To enhance investor protection and promote informed decision making, the Securities and Exchange Board of India (Sebi) has introduced a new risk disclosure framework for individual traders in the equity Futures & Options (F&O) segment. This framework, which will come ..

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RBI Withdraws Rs.2,000 Denomination Notes

May 20, 2023

The Reserve Bank of India (RBI) has recently taken a significant step by withdrawing the Rs 2000 banknotes from circulation. Reasons for the Withdrawal The RBI has decided to withdraw Rs.2,000 notes as it has fulfilled the currency requirement objective ..

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Unpublished Price Sensitive Information

May 19, 2023

The Securities and Exchange Board of India (Sebi) recently proposed significant changes to the definition of Unpublished Price Sensitive Information (UPSI) to ensure regulatory certainty and uniform compliance among listed companies. The proposal aims to enhance transparency and timely disclosure ..

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SEBI Recommendations on Mutual Fund Fees

May 19, 2023

The capital markets regulator, Securities and Exchange Board of India (SEBI), has recently put forth a series of proposals aimed at reforming the fee structure of mutual funds. These changes seek to enhance transparency, reduce mis-selling, and make investing in ..

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SEBI Framework for Unexplained Suspicious Trading Pattern

May 19, 2023

The Securities and Exchange Board of India (Sebi) has proposed a robust regulatory framework to address the issue of suspicious trading patterns in the financial markets. By prohibiting individuals from engaging in suspicious trading activities related to material non-public information, ..

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