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VERIFIEDET Stocks·neutral

Sebi proposes allowing depositories to use part of IPF investment income for trust expenses

AI Summary
  • ·Sebi has proposed allowing depositories to use part of their Investor Protection and Education Fund (IPF) investment income for trust expenses.
  • ·Currently, stock exchanges can use up to 5% of IPF investment income for specific expenses.
  • ·This provision for depositories does not currently exist.
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