New Delhi, Feb. 3 -- Capital markets regulator Securities Exchange Board of India (Sebi) has alluded that the daily transaction limit for capital market transactions is set to be raised to Rs.5 lakh.
The daily transaction limit currently stands at Rs.2 lakh. Notably, this is not a final announcement but a part of the Sebi's consultation paper on draft circular dated Jan 31, 2025 for safe and efficient transfers on UPI (Unified Payment Interface).
However, this new limit ( Rs.5 lakh) will also be subject to further evaluations from time to time in consultation with NPCI.
Before coming to any conclusion, Sebi carried out an analysis of transactions made by the clients of top brokers. In the analysis, it was observed that individual trans...
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