Latest Nuvama Wealth Management News & Updates

Mumbai, May 26 (IANS) The National Stock Exchange of India has barred Yes Securities from onboarding new clients for a period of three months after identifying violations related to upfront margin collection and penalty recovery practices.In its disciplinary order, the NSE said the brokerage failed to maintain the required upfront margins in several instances and later transferred the penalties imposed by the clearing corporation to its clients.According to the exchange, such practices violated …