Bank account portability RBI’s priority for ‘Vision 2028’ – The Times of India

Bank account portability RBI’s priority for ‘Vision 2028’ – The Times of India

MUMBAI: RBI has placed consumer empowerment through portable bank accounts and cross-border efficiency at the centre of its Payments Vision 2028, signalling a new focus to improving user experience and reducing friction in money movement.While customers can freely open accounts with any bank, savings accounts are considered ‘sticky’ because of multiple standing instruction to send…

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Securities market code bill: Sebi reform bill seeks bigger board, stronger oversight; key provisions explained – The Times of India

Securities market code bill: Sebi reform bill seeks bigger board, stronger oversight; key provisions explained – The Times of India

The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…

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