Sebi proposes to permit third-party payment in MFs in certain scenarios

May 20, 2026

The current regulatory framework mandates that all payments for investments in mutual funds must originate directly from the investor’s own bank account and be routed exclusively through RBI-authorised payment aggregators or Sebi-recognised clearing corporations.

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Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead

Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend

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Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?

Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII

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