← Back to feedRead original →
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.