The Securities and Exchange Board of India (SEBI) has unveiled plans to overhaul how stockbrokers assess their capital. This innovative strategy will tie capital requirements directly to business risks and client engagement. By fostering a more nuanced, risk-oriented framework, SEBI hopes to ensure that the capital accurately mirrors the broker’s operational scale.
Niva Bupa Q2 YoY profit after tax soars 124%
Niva Bupa Health Insurance reported an impressive 124% year-on-year profit surge in the second quarter, leading to a profit after tax of ₹136 crore, up