The revised norms will be effective immediately and are part of the markets watchdog's ongoing efforts to simplify procedures for market participants while safeguarding investors' interests.
Under the revised guidelines, stock brokers are no longer required to identify inactive accounts daily and settle them within three working days, Sebi said in a circular.
This story is from the January 07, 2025 edition of Financial Express Chennai.
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This story is from the January 07, 2025 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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