Posts in category Business Standard
Bajaj Housing Finance board approves IPO to raise Rs 4,000 crore (06-06-2024)
The IPO would include a sale of shares by existing shareholders
Over $2 bn exodus: PEs, promoters swiftly react before surprise verdict (06-06-2024)
Share sale activity to remain subdued before more clarity emerges on government formation
Markets extend gains as govt formation nears; Vix slumps for second day (06-06-2024)
Brokerage CLSA expects the government's 100-day plan to include large orders in infrastructure and defence
Mutual fund investment platforms face ire over delay in unit allotment (06-06-2024)
Zerodha says issue at payment aggregator, Groww cites delay in money movement
Rahul misleading investors out of frustration after defeat: Piyush Goyal (06-06-2024)
From Rs 67 trillion during UPA govt, India's market cap surged to Rs 415 trillion; domestic, retail investors benefitted most, Goyal said in a press conference
Electric vehicle portfolio to drive auto component maker Uno Minda growth (06-06-2024)
The management highlighted that the partnership will significantly expand Uno Minda's e-4W product portfolio, enabling it to effectively cater to the growing Indian EV market
Sebi asks KRAs to integrate systems with Central KYC Records Registry (06-06-2024)
Capital markets regulator Sebi on Thursday directed
the KYC Registration Agencies to integrate their systems with Central KYC Records Registry and begin the uploading of KYC data from August 1.
The KYC record of a client is uploaded on the system of KYC Registration Agencies (KRAs) by the intermediaries performing client due diligence. Additionally, the KYC information is uploaded on Central KYC Records Registry (CKYCRR) by the intermediaries.
In a circular, Sebi asked registered intermediaries to continue to upload or modify the KYC information with proper authentication on the systems of KRA.
Further, KRAs will upload the verified or validated KYC information onto the system of CKYCRR within seven days of receiving the same from intermediaries.
"The KRAs shall integrate their systems with CKYCRR and commence the uploading of KYC records on CKYCRR from August 1, 2024," Sebi said.
Further, KRAs will ensure that existing KYC records of legal entities and of individual clients are
Sebi asks KRAs to integrate systems with Central KYC Records Registry (06-06-2024)
Capital markets regulator Sebi on Thursday directed
the KYC Registration Agencies to integrate their systems with Central KYC Records Registry and begin the uploading of KYC data from August 1.
The KYC record of a client is uploaded on the system of KYC Registration Agencies (KRAs) by the intermediaries performing client due diligence. Additionally, the KYC information is uploaded on Central KYC Records Registry (CKYCRR) by the intermediaries.
In a circular, Sebi asked registered intermediaries to continue to upload or modify the KYC information with proper authentication on the systems of KRA.
Further, KRAs will upload the verified or validated KYC information onto the system of CKYCRR within seven days of receiving the same from intermediaries.
"The KRAs shall integrate their systems with CKYCRR and commence the uploading of KYC records on CKYCRR from August 1, 2024," Sebi said.
Further, KRAs will ensure that existing KYC records of legal entities and of individual clients are
Market regulator Sebi raps ICICI Bank in ICICI Securities delisting matter (06-06-2024)
Shareholders of the brokerage firm complained that bank officials sought screenshots and influenced them to vote in favour
Market regulator Sebi raps ICICI Bank in ICICI Securities delisting matter (06-06-2024)
Shareholders of the brokerage firm complained that bank officials sought screenshots and influenced them to vote in favour