Sebi has proposed easing the process for investors to obtain duplicate physical share certificates by doubling the simplified-documentation limit to ₹10 lakh and allowing a single Affidavit-cum-Indemnity. The regulator also plans standardised forms, company-issued newspaper notices for higher-value cases, and mandatory demat issuance to streamline legacy physical holdings.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs