SEBI to Mandate @valid UPI Handles for Investor Payments from Oct 2025 to Curb Frauds SEBI, in collaboration with NPCI, will enforce @valid UPI handles for capital market entities from October 1, 2025. Only registered and verified intermediaries can obtain these handles, allowing investors to confirm the recipient’s authenticity before transferring funds. The move aims to combat rising fraud cases and ensures smoother, safer payments, especially for SIPs and investment-linked transactions. #sebi #mutualfunds #investor