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SEBI proposal lets depositories use investor protection fund income for administrative expenses
SEBI allows depositories to use 5% of Investor Protection Fund income for operational expenses, maintaining 95% reinvestment into the corpus.
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thehindubusinessline.com
SEBI proposal lets depositories use investor protection fund income for administrative expenses
SEBI allows depositories to use 5% of Investor Protection Fund income for operational expenses, maintaining 95% reinvestment into the corpus.
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economictimes.indiatimes.com
Sebi eases rules on use of depository investor protection fund income
Sebi has allowed depositories to use a small portion of annual income from the Investor Protection Fund for administrative and statutory expenses while requiring most earnings to…
