01 Nov 2025 | 3 Mins Read
Sebi's changes may alter banking index investments
Flipitmoney
Sebi requires stock exchanges to broaden banking and financial services indices with a minimum of 14 eligible stocks per index. The new rules aim to reduce concentration risk by capping individual stock weight at 20% and combined top 3 stocks at 45%. Indices to be implemented by December 31, with Bank Nifty's implementation in phases by March 31.