Latest news with #SriramKrishnan
Bloomberg
01-08-2025
- Business
- Bloomberg
India Top Bourse Says High-Speed Traders' Activity Has Dropped
High-frequency trading firms have become less active in India's stock market following recent rule changes and the regulatory clampdown on Jane Street Group LLC, the country's largest stock exchange said Wednesday. 'The drop in activity is quite noticeable among the high-frequency traders, who are in wait-and-watch mode,' Sriram Krishnan, chief business development officer at the National Stock Exchange of India Ltd. said in a post-earnings conference call. Some large onshore trading firms are 'withholding their expansion plans' due to lack of clarity on regulations around derivatives and global uncertainties, he said.
Business Standard
31-07-2025
- Business
- Business Standard
NSE trading accounts cross 23 crore in July
The National Stock Exchange of India (NSE) recorded a new milestone in July 2025, with the total number of unique trading accounts surpassing 23 crore, approximately three months after crossing the 22-crore mark in April. As of 28 July 2025, the number of unique registered investors stood at 11.8 crore. Since investors may maintain accounts with multiple brokers, individual participants can hold more than one client code. In terms of regional distribution, Maharashtra continued to lead with nearly 4 crore accounts, representing 17% of the total. It was followed by Uttar Pradesh with 2.5 crore accounts (11%), Gujarat with over 2 crore (9%), and West Bengal and Rajasthan, each with over 1.3 crore accounts (6%). Combined, these five states account for approximately 50% of all investor accounts, while the top ten states contribute nearly 75% of the total. The exchange has observed a rising proportion of young and first-time investors entering the market. To support this segment, the Securities and Exchange Board of India (SEBI) and NSE have implemented large-scale investor awareness initiatives, focusing on areas such as risk management, fraud prevention, and long-term investment strategies. Over the past five years, NSE has significantly scaled its outreach efforts. The number of Investor Awareness Programs (IAPs) conducted rose from 3,504 in FY20 to 14,679 in FY25, collectively reaching over 8 lakh participants across all states and union territories. Additionally, the size of the NSE Investor Protection Fund (IPF) grew by over 22% year-on-year, reaching Rs 2,573 crore as of June 30, 2025. Sriram Krishnan, chief business development officer, NSE said: "The Exchange has crossed another major threshold, adding a crore investor accounts in just about three months after crossing the 22-crore mark (220 million) in April 2025. This momentum reflects the deepening trust in Indias capital markets and the resilience of investor sentiment amid global economic uncertainty. The expansion has been powered by rapid digitalization and the widespread uptake of mobile-based trading solutions, which have significantly lowered entry barriers for investors, particularly across smaller cities and semi-urban centres. It also highlights the effectiveness of targeted policy and institutional effortsranging from streamlined onboarding to financial literacy drivesin fostering broader market inclusion. With more people investing in equities, ETFs, REITs, InvITs, and debt instruments, this milestone also enables a more diversified and accessible investment landscape through technology."
Hans India
31-07-2025
- Business
- Hans India
NSE investor base soars over 23-cr accounts
Mumbai:The number of total unique trading accounts on the National Stock Exchange of India (NSE) surpassed the 23-crore milestone in just about three months after crossing the 22-crore mark in April this year, the stock exchange said on Wednesday. Meanwhile, the number of unique registered investors stands at 11.8 crore as of July 28. 'This momentum reflects the deepening trust in India's capital markets and the resilience of investor sentiment amid global economic uncertainty,' said Sriram Krishnan, Chief Business Development Officer, NSE. The expansion has been powered by rapid digitalisation and the widespread uptake of mobile-based trading solutions, which have significantly lowered entry barriers for investors, particularly across smaller cities and semi-urban centres, he added. In terms of regional distribution, Maharashtra continues to lead with nearly 4 crore accounts or 17 per cent share, followed by Uttar Pradesh (2.5 crore, 11 per cent share), Gujarat (over 2 crore, with 9 per cent share), and West Bengal and Rajasthan (each with over 1.3 crore, 6 per cent share), the exchange said. Collectively, these five states account for nearly half of all investor accounts, while the top-10 states contribute close to three-fourths of the total. According to the NSE, a growing share of market participants are young and first-time investors. To support their investment journey, SEBI and NSE have launched large-scale awareness initiatives on risk management, fraud prevention, and long-term investment principles. The number of Investor Awareness Programmes (IAPs) conducted by NSE has grown fourfold -- from 3,504 in FY20 to 14,679 in FY25 -- reaching over 8 lakh participants across all states and union territories, the exchange Investor Protection Fund (IPF) has increased by over 22 per cent year-on-year to Rs 2,573 crore as of June 30th, 2025.
Economic Times
29-07-2025
- Business
- Economic Times
NSDL IPO: 10 risks investors should be mindful of ahead of Wednesday's launch
As the much-awaited Rs 4,011.6 crore initial public offering (IPO) of National Securities Depository (NSDL) is set to open for public subscription on Wednesday, July 30, the company has listed risks associated with the IPO in its Red Herring Prospectus (RHP). These risks could potentially impact its business, the company has warned. ADVERTISEMENT NSDL, which commenced operations in 1996 as the first securities depository in India, is a market infrastructure institution in the securities market in India. Apart from depository services, NSDL's subsidiaries — NSDL Database Management Limited (NDML) and NSDL Payments Bank Limited (NPBL) — offer a range of services including database management, insurance repository solutions, payment bank operations, payment aggregation, covenant monitoring, and a comprehensive data platform for disseminating information on debt instruments. Hits in any of the above businesses could impact the overall revenues for the company. A significant portion of NSDL's revenue (over 50%) comes from its depository services. Any decline in transaction volumes, demat account growth, or pricing pressure may negatively impact faces stiff competition from Central Depository Services (India) (CDSL) and the latter reported a higher number of demat accounts in 2025 at 15.29 crore versus 3.94 crore accounts of NSDL. ADVERTISEMENT NSDL and its subsidiaries are governed by regulatory provisions of Sebi, RBI, IRDAI and UIDAI and regulatory changes or company's failure to comply with the regulations of above regulators would impact the businesses. ADVERTISEMENT Company's failure to successfully implement its current and future strategic plans and its efforts to expand service offerings and market reach may impact our revenue and growth. Being a critical market infrastructure institution (MIIs), NSDL is a potential target for cyberattacks. A breach could result in data loss, regulatory penalties, and investor distrust. ADVERTISEMENT NSDL relies on stable and secure tech systems for operations. Any prolonged outage or technological failure can disrupt services and cause market-wide issues. NSDL in its RHP has said that it cannot assure investors that there will not be a conflict of interest between its responsibilities as a securities depository and its shareholders' interests in the company. Its shareholders include NSE and many top banks like HDFC Bank, IDBI Bank, Canara Bank, among others. ADVERTISEMENT NSDL also said that one of its directors, Sriram Krishnan is a director on the board of directors of India International Depository IFSC, which is in the same line of business as NSDL. Any conflict of interest that may occur as a result could adversely affect its business, financial condition, results of operations and cash flows. Also Read: NSDL IPO: Issue opens on July 30, here's what you need to know about GMP, issue details The company utilizes the services of certain third-party vendors for its operations. Any deficiency or interruption in their services could adversely affect its business and reputation. For e.g. it relies on complex information technology networks and systems to operate our are outstanding legal proceedings involving our Company, our Directors, our Subsidiaries and our Group Companies. These proceedings are pending at different levels of adjudication before various judicial authorities, from which further liability may arise. The depository has fixed the price band at Rs 760–800 per share, with a lot size of 18 shares, amounting to a minimum investment of Rs 14,400 for retail investors. The IPO will be entirely an offer for sale (OFS) of up to 5.01 crore equity shares by existing shareholders, including IDBI Bank, NSE, Union Bank of India, SBI, HDFC Bank, and SUUTI. NSDL will not receive any proceeds from the offering. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Bloomberg
24-07-2025
- Business
- Bloomberg
Making US AI Policy The Global Standard
White House Senior AI Policy Advisor Sriram Krishnan discusses how the US plans to maintain its leadership position in artificial intelligence with the new AI Action Plan. Krishnan joins Caroline Hyde and Ed Ludlow on 'Bloomberg Tech.' (Source: Bloomberg)
