New RBI guidelines effective April 1, 2026, mandate 100% collateral for bank funding to capital market intermediaries, including significant cash margins. This will likely push equity brokers towards bond markets and commercial papers, increasing funding costs and potentially impacting sector profitability and market liquidity.
Sebi cancels registration of 12 research analysts over unpaid renewal fees
Sebi has cancelled twelve research analyst registrations for failing to pay renewal fees. These entities and individuals had their certificates cancelled after the fees remained