Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to ease operational challenges, with investors now needing to explicitly opt out. Mandatory nominee information will be limited to name and relationship, with other details becoming optional.
Calcutta Stock Exchange seeks to put exit application on hold
The Calcutta Stock Exchange requested Sebi to withhold its exit application. This action follows the West Bengal government’s support for reviving the exchange. The exchange