Sebi-backed PaRRVA starts validating stock performance claims with independent risk return checks

Performance claims will face independent risk return verification

CARE Ratings and the National Stock Exchange have made PaRRVA operational, a Sebi-conceptualised framework meant to independently validate securities performance claims. The platform focuses on verifying risk-return data and standardising disclosures so investors get comparable, credible information as market participation grows. It’s designed to reduce reliance on unverified marketing figures.