SEBI Allows Investors To Use 3-In-1 Accounts For Debt Securities Applications

Sebi clarified that investors can use 3-in-1 accounts for online applications in public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitized debt instruments. This account integrates a savings, demat, and trading account, allowing clients to earn interest on cash balances. A new UPI block mechanism for trading will start on Feb 1, 2025.