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SEBI moves to let depositories tap IPF income for trust and admin expenses
Economy
Published on 11 May 2026
Why depositories are capped at zero while exchanges get 5 percent
SEBI has proposed expanding how Infrastructure Investment and Trust (IPF) income can be used. Stock exchanges can already spend up to 5% of IPF investment interest on defined trust and administrative costs, but depositories currently have no such allowance. The move could standardise expense treatment and tighten clarity on what IPF income can cover for depository operations.
- SEBI proposes allowing depositories to use IPF income for specified expenses
- Exchanges can use up to 5% of IPF investment income for defined costs
- Depositories currently have no similar expense-use provision
- Proposal aims to align rules for exchanges and depositories under IPF
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times