SEBI launches Saa₹thi mobile app for investor education

The new Saa₹thi mobile app by the Securities and Exchange Board of India (SEBI) aims to create awareness among investors about the basic concepts of the securities market.

The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai, India, March 1, 2017. (REUTERS/File Photo)

Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday launched “Saa₹thi” – a mobile app on investor education in Mumbai. The new app aims to create awareness among investors about the basic concepts of the securities market.

Additionally, the app will also explain about KYC process, trading and settlement, mutual funds (MF), recent market developments, investor grievances redressal mechanism, etc, the market regulator said in a press release.

Launching the app, SEBI chairman Ajay Tyagi said, “This mobile app is yet another initiative of SEBI with a view to empowering investors with knowledge about securities market. With the recent surge in individual investors entering the market, and more importantly a large proportion of trading being mobile phone based, this app will be helpful in easily accessing the relevant information. I am sure that in coming times this App will be popular among the investors especially the young ones.”

Story continues below this ad

The SEBI Saa₹thi mobile app is available in Hindi and English. The Android and iOS versions of the App can be downloaded from Play Store and App Store respectively.

Tyagi added that the app would be made available in regional languages going forward.

Associate Professor Snehashish Bhattacharya

South Asian University fires professor for ‘inciting students’ during stipend protests

Cities2 hr ago

The South Asian University terminated the services of Associate Professor Snehashish Bhattacharya for “inciting students” against the interest of the varsity. This comes two years after it suspended him over his alleged role in supporting students during stipend protests in 2022-23. He was accused of making "unsubstantiated allegations" against the administration.

View all shorts

Live Blog