MUMBAI: Shri. Suresh Menon: A Distinguished Regulator with Three Decades of Service to India’s Securities Market. Shri. Menon is a stalwart in India’s financial regulatory landscape who recently marked the culmination of a distinguished 30-year career with the Securities and Exchange Board of India (SEBI), retiring in June 2022 as Chief General Manager.

Over three decades at SEBI, Shri. Menon rose through the ranks — from Manager to Chief General Manager — contributing across core operational departments, including Secondary Market Regulation, Market Intermediary Supervision, Investigations, and Regional Administration.

As a pioneering figure in the early regulation of India’s securities market, Shri. Menon played a pivotal role in the registration and supervision of the initial cadre of stockbrokers and stock exchanges. His team conducted crucial inspections of major exchanges, including BSE, Madras Stock Exchange, Cochin Stock Exchange, and others, laying the foundation for today’s modern, demutualized markets. His leadership extended to major policy initiatives and enforcement actions. As head of SEBI’s Investigation Department, He led inquiries into high-profile cases of market manipulation, insider trading, front running, and violations of PFUTP, LODR, and corporate governance norms.

During his five-year tenure as Regional Director of SEBI’s Southern Regional Office in Chennai, Shri. Menon oversaw the entire spectrum of securities regulation in the southern states. He also served for seven years as a Quasi-Judicial Officer, passing over 500 orders on critical regulatory matters, reinforcing SEBI’s mandate for transparency and investor protection.

In another key role, he also led the Market Intermediary Supervision and Policy Department, framing policies and overseeing the regulation of stockbrokers, depository participants, merchant bankers, credit rating agencies, and debenture trustees. His contribution to the clearance of over 500 IPO prospectuses highlights his role in capital market development. Shri. Suresh Menon’s career is a testament to integrity, regulatory foresight, and unwavering commitment to the development and stability of India’s financial markets.

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MUMBAI: Capri Global Capital Ltd, a leading non-banking financial company, today announced a reduction in its gold loan interest rates by 100 bps. This exclusive offer is available for a limited time until March 31, 2024. With this reduction in interest rate, customers may now have to pay as low as Rs. 0.83 per Rs. 100 per month as the interest rate.

Starting from 9.96%* p.a., gold loans offer can be availed by both new and existing customers, who can seize this opportunity, with zero processing fees*. This offer not only ensures prompt financial assistance through quick disbursement but also allows customers to access funds swiftly during urgent times. The scheme offers flexible repayments. Customers will benefit with minimal documentation, complete digital applications, and no income proof requisite.

Mr. Rajesh Sharma, Managing Director of Capri Global Capital Ltd, said “At Capri Global Capital, our primary focus is to enhance customer satisfaction through persistent quality service. This scheme allows us to broaden our reach and cater to an even larger audience. With a presence in 9 states and over 750 branches dedicated to gold loans, we aim to provide our borrowers with the advantage of reduced interest rates, leading to overall cost savings. We strictly adhere to RBI regulations and compliance frameworks, ensuring our sustained growth while delivering exceptional services to our valued customers. By making gold loans more affordable, we empower a wider customer base, and ease financial burdens.”

Under this offer, customers could avail a loan amount of up to 75% of the total collateral value. The valuation of the gold is meticulously conducted using cutting-edge instruments and skilled staff. Tamper-proof lockers and AI-enabled security vaults are continuously monitored by CCTV surveillance to ensure the safety of the deposited gold. Customers can avail of this offer by visiting the nearest gold loan branch of Capri Gold Loans.

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