Motilal Oswal Financial Services reported a 68% YoY decline in consolidated profit to ₹362 crore, while revenue fell 35% to ₹1,849 crore. However, asset management and private wealth units posted strong double-digit growth, lifting AUM to ₹1.77 lakh crore.
Sebi to revamp short-selling, securities lending rules
Sebi is reviewing short-selling and securities lending rules to improve liquidity and price discovery. The regulator is also planning reforms in clearing, broker compliance, custodial