SEBI · India ·
BY MAY 4

India's SEBI operationalises PaRRVA with Care Ratings

→Advisers must enroll to keep using certified performance claims

Capital Markets Financial Services
Change
India's SEBI recognised Care Ratings as PaRRVA, with NSE as data centre, from May 4, 2026.
Why it matters
Investment advisers and research analysts must route certified past-performance communication through PaRRVA. SEBI will end use of pre-PaRRVA performance data after May 3, 2028.
Implications

Sign up free to see implications, who is affected, and what to watch.

Create free account →
Source
SEBI
View on SEBI

Clarify answers are AI-generated. Verify against the source before acting.

Clarify with AI — Pro only

You asked:

Clarify turns any brief into answers specific to your role and exposure.

Pro includes

Implications — what this forces you to change
Who is affected — which roles and obligations are exposed
What to watch — binding deadlines and enforcement dates
Real-time alerts — delivered the moment a binding change is published
Clarify with AI — turn any brief into a decision for your role

$29/month · Founding rate, locked for life. Cancel anytime.

Start your trial to clarify this brief

You asked:

Clarify is part of Pro. Start a 14-day trial for full access to every brief, unlimited Clarify questions, and real-time alerts.

Pro includes

Implications — what this forces you to change
Who is affected — which roles and obligations are exposed
What to watch — binding deadlines and enforcement dates
Real-time alerts — delivered the moment a binding change is published
Clarify with AI — turn any brief into a decision for your role

$29/month after trial. No credit card required. Cancel anytime.

Start 14-day trial Sign in