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New trading options for investors: UPI block mechanism and 3-in-1 accounts

Business Standard LogoBusiness Standard1d ago

New trading options for investors: UPI block mechanism and 3-in-1 accounts - Business Standard

Quick Summary:

The UPI-based block mechanism ensures that funds are only committed when necessary, reducing the need for upfront payments and the associated risk of idle funds.

They must ensure that their systems are updated to offer either the UPI block mechanism or the three-in-one trading account.

Investors opting for the three-in-one account will benefit from the ability to earn interest on their funds while they remain in their savings account.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 11:05:48 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 590 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23545099

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 297 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "New trading options for investors: UPI block mechanism and 3-in-1 accounts" was covered 1 days ago by Business Standard, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 297 news stories per day.

It's most recent story was published 2 hours ago.

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  • URL: https://beamstart.com/news/new-trading-options-for-investors-17313901456285

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