SEBI launches “Validated UPI Handles” and “SEBI Check” initiatives for secure investor transactions through registered intermediaries

The Securities and Exchange Board of India (“SEBI”) has announced that its initiatives on “Validated UPI Handles” and “SEBI Check” are now live and available for investors enabling them to easily identify legitimate entities.

Unified Payment Interface (“UPI”) IDs of SEBI-registered investor-facing intermediaries will now carry the exclusive “@valid” handle, issued by National Payments Corporation of India

(“NPCI”),  along with category-specific suffixes.

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Source: Securities and Exchange Board of India (SEBI)