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Sebi proposes STP overhaul to cut costs and reduce concentration risks

With a decentralised Application Programming Interface (API)-based model aimed at reducing costs, lowering latency and improving service delivery for market participants, market regulator Sebi on Tuesday proposed a major overhaul of the existing Straight-Through Processing (STP) framework seeking to replace the current centralised hub-based structure, PTI reported.In a consultation paper, Sebi proposed removing the current...
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IBC recovery crosses Rs 4.11 lakh crore, over 8,800 insolvency cases admitted

More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals...
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IBBI rolls out new empanelment rules for insolvency professionals

The Insolvency and Bankruptcy Board of India (IBBI) has introduced fresh guidelines for empanelment of insolvency professionals to streamline and speed up appointments in corporate insolvency and bankruptcy proceedings, PTI reported.The revised framework lays down procedures for preparing a panel of insolvency professionals (IPs) who can serve as Interim Resolution Professionals (IRPs), Resolution Professionals (RPs),...
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Mortgage rates surge to highest level since July

Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images Growing concern over the trajectory of the war with Iran has bond yields rising and mortgage rates following suit. The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%, according to Mortgage...
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