SEBI's chairperson, Madhabi Puri Buch, announced plans to make the ASBA system compulsory for the secondary market by selected brokers. Buch also revealed the intention to lower the minimum SIP investment in mutual funds from Rs 500 to Rs 250. Additionally, she emphasized a strict KYC regime for investments to prevent violations like those seen with PayTM Payments Bank.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mr87Pdg
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