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Stockbrokers and other market intermediaries have been directed to ensure that every bank account through which investors can directly transfer money is linked to a validated ‘@valid’ UPI ID.
In a circular, exchanges asked them to complete the process by September 6.
Gold Rate
Sept 12,2026 - Time 10.30Hrs
Gold 24 KT
₹ 1 53,400 /-
Gold 22 KT
₹ 1,42,300 /-
Silver/Kg
₹ 2,31,200/-
Platinum
₹ 88,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above
The requirement covers trading and margin collection accounts, among others, and even alternate accounts occasionally shared with investors.
The direction follows market regulator’s efforts against fraudsters, through measures like Sebi check and verification of the UPI handles through which any payment is made to any regulated entity.
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