Zerodha CEO Nithin Kamath criticized financial apps for using manipulative 'dark patterns' that mislead users into actions not in their best interest. He emphasized Zerodhas ethical stance, avoiding such practices to build long-term user trust.
Markets regulator Sebi on Wednesday said a settlement scheme for stock brokers, who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform, will open on August 25.
Markets watchdog Sebi on Wednesday proposed permitting credit rating agencies (CRAs) to undertake the rating of financial instruments that may come under other financial sector regulators, even if they have not issued any rating-related guidelines.
Uday Kotak highlighted that India accounts for 80% of global index and stock options contracts, amid concerns over high retail losses and market manipulation flagged by SEBI. His remarks follow SEBIs study showing 91% of retail traders lost money in FY25.
