New Delhi, June 11 -- All stock market intermediaries such as brokers, mutual funds and portfolio managers will soon get exclusive and verified United Payments Interface (UPI) handles to collect payments from investors to ensure safer transactions.​

Starting 1 ​October 2025, about 8,000 intermediaries registered with the Securities and Exchange Board of India (Sebi) must use verified UPI IDs that are​ standardize​d, issued via validated bank handles (like @validhdfc​) and displayed along with a green triangle and thumbs-up icon to confirm legitimacy​, according to a circular issued on Wednesday.

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