Manappuram Finance experienced a significant 15% drop in share price after the RBI issued a directive halting loan disbursement by its subsidiary, Asirvad Micro Finance. This decision, driven by concerns over pricing practices and regulatory compliance, poses serious challenges for the company's growth and profitability. In this blog, we delve into the implications of the RBI's ban, analyst responses, and what it means for the future of Manappuram Finance and the microfinance sector as a whole.
Starting October 1, Sebi’s new guidelines will shorten the wait for trading bonus shares to just two days after the record date. This significant change aims to enhance market efficiency and liquidity by reducing delays in share trading. Discover how this update benefits investors and what companies need to do to comply with the new rules.
ICICI Securities has resolved a regulatory issue with Sebi by paying Rs 69.82 lakh. This settlement addresses concerns about the company's due diligence in merchant banking activities. Explore the details of the settlement, its financial impact, and what it means for ICICI Securities moving forward.
In a move aimed at bolstering operational efficiency and mitigating risks associated with clients' securities, Sebi mandates the direct payout of securities to clients' accounts, effective October 14. This proactive measure by Sebi marks a pivotal shift in the securities payout process, streamlining it for greater transparency and security. Previously, the clearing corporation would deposit securities into the broker's pool account, necessitating subsequent transfers to clients' demat accounts. However, with the upcoming mandate, securities will be directly credited to clients' accounts, circumventing potential delays and minimizing operational risks. By enforcing this directive, Sebi aims to fortify investor protection measures while fostering a more robust and efficient securities market ecosystem. This initiative not only enhances the overall integrity of the securities payout system but also aligns with Sebi's overarching objectives of promoting investor confidence and market transparency. Sebi's decision to mandate direct payout of securities to client accounts signifies a significant step towards modernizing and fortifying India's securities market infrastructure. This proactive approach underscores Sebi's commitment to maintaining the highest standards of operational efficiency, risk mitigation, and investor protection.
Sebi's newly launched Settlement Calculator promises to simplify the complex process of determining settlement amounts, offering unprecedented transparency and efficiency. Market participants can now navigate regulatory proceedings with confidence, thanks to Sebi's innovative Settlement Calculator, which considers past actions and ongoing proceedings for a fair assessment. Discover how Sebi's Settlement Calculator empowers applicants to make informed decisions, with its user-friendly interface and comprehensive features ensuring a transparent settlement process. With Sebi's Settlement Calculator, regulatory compliance becomes more accessible than ever before, providing tailored options and a helpful guide video for ease of understanding. Sebi's commitment to transparency shines through its Settlement Calculator, revolutionizing the way settlement amounts are determined and enhancing trust in the regulatory system. Experience the future of regulatory compliance with Sebi's Settlement Calculator, designed to streamline procedures and foster a culture of accountability in capital markets. Unlock the potential of Sebi's Settlement Calculator to navigate regulatory complexities effortlessly, guiding applicants towards fair and just outcomes in settlement negotiations. Sebi's Settlement Calculator is a game-changer in capital markets regulation, offering a seamless process for arriving at indicative settlement amounts and promoting integrity in the system. Step into a world of clarity and fairness with Sebi's Settlement Calculator, where market participants can achieve transparency and efficiency in regulatory compliance like never before.