India's NSE raises Investor Protection Fund Trust claims limit to Rs 35 lakh per investor.
India's National Stock Exchange (NSE) has increased its maximum permissible limit for claims from the Investor Protection Fund Trust (IPF) to Rs 35 lakh per investor per claim. The limit applies to claims against expelled or defaulted trading members. The IPF was established to compensate investors in case of defaulters' assets not being sufficient to meet claimed amounts, and to promote investor education, awareness, and research.
August 13, 2024
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