MITRA platform: A searchable database of mutual fund folios

MITRA is a service platform designed to provide a searchable database of inactive and unclaimed mutual fund folios across the industry. With this platform, investors can now easily trace investments they may have forgotten about or investments made on their behalf, helping reduce the number of unclaimed investments and bringing more transparency to the financial ecosystem.

New framework on Margin Obligations: A Step Toward Secure and Efficient Trading

In a bid to address operational inefficiencies and safeguard client securities, the Securities and Exchange Board of India (SEBI) has proposed a new set of guidelines regarding the pledge and re-pledge of securities in the depository system. This draft circular, which invites public comments, seeks to improve the mechanisms for margin obligations and enhance the security and ease of compliance for brokers and clients alike.

Credit line through UPI: New facility from SCB

Under this facility, payments through a pre-sanctioned credit line issued by a Scheduled Commercial Bank to individuals, with prior consent of the individual customer, are enabled for transactions using the UPI System. Banks may, as per their Board approved policy, stipulate terms and conditions of use of such credit lines. The terms may include, among other items, credit limit, period of credit, rate of interest, etc.

Industry standards Fora: New programme for implementing SEBI regulations

This initiative aims to streamline the implementation of SEBI’s regulatory directions across a range of entities, such as Market Infrastructure Institutions (MIIs), mutual funds, listed companies, intermediaries, and investment advisors. By providing a structured and standardized approach to compliance, this system is designed to simplify processes for industry participants and ensure that regulatory directions are followed effectively.

Policy on foreign investments: New measures

The Government will also be bringing up the Jan Vishwas 2.0 bill, aiming to further improve the business environment. In the Union Budget 2025, it was announced that a High-Level Committee for Regulatory Reforms will be set up to strengthen trust-based economic governance and take transformational measures to enhance EoDB, especially in matters of inspections and compliances.

New software for enhancing finance for farmers

Computerization of PACS project aims to provide a comprehensive ERP solution for entailing more than 25 economic activities prescribed under the Model Bye-Laws for PACS covering various modules such as financial services for short, medium & long term loans, procurement operations, Public Distribution Shops (PDS) operations, business planning, warehousing, merchandising, borrowings, asset management, human resource management, etc.