new Delhi. Market regulator SEBI has increased the investment limit in debt securities through UPI, giving relief to small investors. Retail investors will now be able to invest up to Rs 5 lakh in public issue of debt securities through UPI. Till now this limit was Rs 2 lakh.
The Securities and Exchange Board of India (SEBI) said in a circular that the new provision would be applicable to the public issue of debt securities opened on or after May 1, 2022. Under the existing SEBI regulations, investors get the option to invest up to Rs 2 lakh in the issue of debt securities through the UPI system. After the change, this limit will increase to five lakhs.
read this also- PM kisan Samman Nidhi: Get this work done this month, Farmers will get it after Holi 4,000 Rupees
New changes will bring equality in provisions
SEBI has increased the limit for investment from UPI to bring about parity in provisions based on discussions with stakeholders. The instant payment system UPI has been developed by the National Payments Corporation of India (NPCI). With the help of this, a person can transfer money to another person’s account instantly.
read this also- Stock Market : open market on edge, Sensex 54 close to a thousand, See where Nifty reached
SEBI to auction 46 properties of two companies
SEBI will auction 46 properties of Royal Twinkle Star Club and Citrus Check Ins on April 6. The reserve price has been kept at Rs 97 crore. SEBI has taken this step to recover thousands of crores raised by these companies. SEBI says that the properties to be auctioned include office premises, residential flats, land along with shops located in Maharashtra, Gujarat, Daman and Dadra and Nagar Haveli.
Tags: investment, SEBI
Read Article in हिन्दी