Under the recommendations, commission to be charged on trail basis
Says that by design, every sale is unapproved until it is verified by a triple-layered audit mechanism that reaches out to the interested customer through SMS, audio and video calls
In April, Sebi had slapped a penalty of Rs 25 crore on it and 3 executives
Here's a selection of Business Standard opinion pieces for the day
Sebi order on AT-1 bonds is in the right direction
Last year, the category saw outflows of over Rs 24,000 crore, data from the Association of Mutual Funds in India (Amfi) shows
It's important to question the intermediary so that you know more about the product
While regulators are trying to do their bit, the onus is on you to prove it