Starting Feb 2025, Indian brokers must offer UPI blocks or 3-in-1 accounts to boost investor protection.

Starting February 1, 2025, Qualified Stock Brokers in India must offer clients a UPI block mechanism or a 3-in-1 trading account. The UPI method lets investors set aside funds in their bank accounts for trading, avoiding upfront transfers. The 3-in-1 account integrates trading, demat, and bank accounts, offering convenience and control. This move aims to enhance investor protection and confidence in the market.

November 11, 2024
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