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Investor compensation claims fall as Sebi clamps down on stockbroker frauds

The National Stock Exchange provided compensation worth Rs 52 crore to investors who were defrauded by brokers in FY24, against Rs 129 crore in FY23, Rs 535 crore in FY22 and Rs 552 crore in FY21, official data showed ....

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Kotak Mahindra Bank: Is your Kotak 811 account safe? Can Kotak Mahindra credit card customers renew cards? 8 key queries answered

The Reserve Bank of India (RBI) barred Kotak Mahindra Bank from onboarding new customers through online and mobile banking channels. The regulator also put restrictions on the private sector bank on issuing new credit cards. Should the customers of Kotak 811 worry about their accounts? Can Kotak Mahindra Bank customers renew their credit cards now? ET Wealth Online explains. ....

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