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Indias market regulator Sebi fined Anand Rathi Share and Stock Brokers 10 lakh after inspections found multiple regulatory violations, including delayed glitch reporting, excessive capacity utilisation, weak password policies, patch management failures and inadequate data leakage prevention systems during 20232024.
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Capital markets regulator Sebi introduced a framework allowing mutual funds to use intraday borrowing to manage temporary liquidity mismatches. Effective April 1, the rules cap borrowing to same-day receivables, restrict usage purposes, mandate board-approved policies, and ensure asset management companies bear related costs and risks.
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News and Media
The Reserve Bank of India stepped up its government bond purchases from the secondary market to a record level in the week ended March 6, data showed on Friday, as the central bank tried to stabilize the market roiled by the Middle East war.
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News and Media
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