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.
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a