The SEBI Rule Nobody Talked About But Zerodha’s Nithin Kamath Says It Made Retail Investors Millions
Sometimes, the biggest changes happen behind the scenes, away from the spotlight. That’s exactly what happened with a recent step taken by the Securities and Exchange Board of India (SEBI) — a move that many may not have noticed but which has brought significant benefits to everyday investors. Nithin Kamath, founder and CEO of Zerodha, recently opened up about this little-known regulatory effort and why it matters so much.
ALSO READ: Blinkit Expands Aggressively While Instamart, Zepto Hit Brakes
Nithin Kamath explained that SEBI worked on standardizing how data flows between different parts of the stock market — including exchanges, depositories, banks, and registrars. Before this, each of these players had their own way of sharing information, making the whole system complicated and messy behind the scenes.
“This kind of technical work might seem boring, but it’s actually game-changing,” Kamath said. He called it the Unified Distilled File Formats (UDiFF) initiative — a multi-year project that made the data exchange process smoother and more consistent.
For brokers like Zerodha, this means less hassle managing hundreds of different connections and data formats. And for investors? It translates into a more efficient, reliable, and transparent market experience — which can lead to better investment opportunities and returns.
For ongoing coverage and the latest developments, stay with Newz24India.