SEBI’s Saa₹thi mobile app

The Securities and Exchange Board of India, SEBI launched the Saarthi mobile application. The application provides information about security markets. It is highly useful for investors.

About the application

• The application provides explanation about mutual funds, its working, trading and settlement, KYC (Know Your Customer) processes, developments in the market, etc. Also, the application includes grievance redressal mechanism.
• The application uses both Hindi and English. It is available for both iOS and android users. In future, the app will be made available in local languages as well.

Why was the application launched?

Recently, the number of individual investors entering the market is increasing. The app was launched to help these individual investors. Also, the new investors are using smart phones to do trading. Thus, they are being assisted through mobile apps.

Security Markets

The Security markets are those markets where the securities are bought and sold. Securities are nothing but guarantees. The securities are forfeited when the concerned person fails to repay the money. In simple terms, the securities are the tradable financial instruments that raise capital in public and private markets.

Individual investors are increasing

In India, the individual investors have been increasing. Their share was 39% in 2020. In 2021, it has increased to 45% according to NSE (National Stock Exchange) data.

Why are individual investors increasing in India?

• The interest rates in the banks are reducing. The Fixed Deposit rates are varying between 2.9% and 5.4%.Thus, the returns from such investments is very low. There is increase in global liquidity. Also, people are spending more time at home because of the pandemic.
• The market capitalization at BSE (Bombay stock Exchange) increased by 1.8 times. It increased by 1.6 times in Russia. The other countries with significant increase are China, France and South Africa.

It is evident that market capitalization is higher in India as compared to other countries.

Month: Current Affairs - January, 2022

Category: Economy & Banking Current Affairs