No More Fake UPI IDs: SEBI’s New ‘SEBI Check’ Tool Goes Live This October

The Securities and Exchange Board of India (SEBI) has unveiled a major initiative to boost payment security for retail investors. From 1st October 2025, SEBI will launch a real-time verification tool called ‘SEBI Check’, allowing investors to confirm the authenticity of UPI addresses before making capital market payments.

Announced by SEBI Chairman Tuhin Kanta Pandey, this tool is aimed at protecting investor funds and preventing fraudulent transactions. SEBI Check will apply to nearly 9,000 SEBI-registered intermediaries, including brokers, advisers, and analysts. It will not change anything for investors directly, but intermediaries will need to get their UPI handles verified through SEBI’s portal, with banks updating their systems accordingly. The move, in collaboration with NPCI and banks, is part of SEBI’s broader push for transparency and financial safety

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Видео No More Fake UPI IDs: SEBI’s New ‘SEBI Check’ Tool Goes Live This October канала Business Today