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flag India’s Sebi launches verified UPI handles with @valid tags to combat fraud and boost trust in stock market transactions.

flag The Securities and Exchange Board of India (Sebi) has introduced validated UPI handles with @valid tags and a new 'SEBI Check' tool to boost security in capital market transactions. flag These handles, using suffixes like .brk for brokers and .mf for mutual funds, display a green triangle with a thumbs-up to confirm authenticity, with over 90% of major brokers and all mutual funds adopting the system. flag A matching QR code ensures secure payments, while unverified handles trigger warnings. flag Investors can verify intermediaries via Sebi’s website, Saarthi app, or portal using the @valid handle, account number, or IFSC code. flag The measures aim to reduce fraud, enhance transparency, and strengthen trust in digital financial systems.

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