RBI to continue to use overnight weighted average call rate as the operating target for monetary policy

It would, however, track other overnight money market segments in a bid to ensure orderly evolution of money market rates and smoothen transmission, the central bank said in the revised liquidity management framework released on Tuesday. "The Reserve Bank will endeavour to align the WACR to the policy repo rate by ensuring optimum level of system liquidity using the instruments defined under this framework," the central bank said.

SEBI launches ‘Mitra’ platform to help investors trace lost or inactive MF investments

SEBI has introduced Mitra, a new digital platform developed by mutual fund RTAs, enabling investors and heirs to trace inactive and unclaimed mutual fund folios. This centralized system addresses lost investment details and deceased unitholders, enhancing transparency and reducing fraud risks. It helps rightful owners locate and reclaim forgotten holdings.

Sebi extends timeline to roll out algo trading for retail investors

India's markets regulator has extended the timeline to roll out algorithmic trading for retail investors, giving stock brokers more time to upgrade their computer networks for ensuring safer participation.