SEBI Custodian (Amendment) Regulations 2025: Major Highlights.
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Purpose: To enhance governance, compliance and financial standards of custodians in India.
Important Change - Growth in Net Worth:
- The minimum net worth has been increased to 75 crore as compared to 50 crore.
- Purpose: To improve the management of their risk and financial stability.
Compliance Timeline:
- Current custodians have had a three year period to achieve the new net worth norm.
- Other Mandates: The amendment also instills:
- Better frameworks of governance.
- Well-developed risk management policies.
- Scaleable technical infrastructure.
- Purpose: To enhance operational sustainability and responsibility.
Month: Current Affairs - October 10, 2025
Category: BANKING, FINANCE and BUSINESS