SEBI Launches Updated 'Saarthi 2.0' Mobile App To Empower Investors
Moneylife Digital Team 04 June 2024
Securities and Exchange Board of India (SEBI) has launched an updated version of its mobile app, 'Saarthi 2.0', to help investors with their personal finances. This app includes various tools designed to make understanding complex financial concepts easier.
 
The 'Saarthi 2.0' app app includes financial calculators and educational modules covering key areas such as know-your-customer (KYC) procedures, mutual funds, exchange-traded fund (ETFs) and buying and selling shares on stock exchanges. It also provides information on SEBI's investor grievance redressal mechanisms and the online dispute resolution (ODR) platform.
 
The app also has a range of videos to help investors understand  personal finance planning. "These resources are intended to provide reliable and essential insights into the securities market, which can be especially beneficial for young investors starting their financial journey," SEBI says in a release.
 
Ananth Narayan G, whole time member (WTM) of SEBI, emphasised the importance of unbiased and objective investment information in today's era of social media, where misinformation can be common. "The Saarthi app serves this purpose by empowering investors with trustworthy insights into the securities market," he says while releasing the app.
 
He also mentioned that the content within the app is dynamic and will be updated to keep pace with the rapidly evolving market conditions. SEBI is actively seeking public suggestions to further refine and enhance the Saarthi app to ensure it continues to serve investors effectively.
 
The 'Saarthi' app is available for download on both the Google Play Store for Android devices and the iOS App Store, making it accessible to a wide range of users.
 
SEBI says it aims to provide a reliable and user-friendly resource for investors to manage their personal finances more effectively with the launch of Saarthi 2.0. 
Comments
r_ashok41
2 months ago
hope it has been tried and then launched
SEBI Imposes Penalties on 9 Entities of Diggi Multitrade for Disclosure Violations
Moneylife Digital Team 28 May 2024
Securities and Exchange Board of India (SEBI) has imposed penalties on nine entities associated with Diggi Multitrade Limited for failing to comply with disclosure regulations under the substantial acquisition of shares and takeovers...
Class Action Lawsuits Make a Beginning after 11 Years, but Significant Reforms Still Needed
Sucheta Dalal, 24 May 2024
In what appeared to be a landmark move, India introduced class action lawsuit through Section 245 of the Companies Act of 2013; but it has remained a purely theoretical concept for 11 long years. Are things beginning to change? Two recent...
Array
Free Helpline
Legal Credit
Feedback