SEBI Clarifies Discretionary PMS Clients Can Pledge Securities for Personal Loans
The Securities and Exchange Board of India (SEBI) clarified that clients using discretionary portfolio management services (D-PMS) can pledge securities held in their demat accounts to secure personal loans. SEBI emphasized that these clients remain the beneficial owners of the securities, and pledging does not constitute borrowing by the portfolio manager. The regulator also noted that pledged securities can continue to be included in the portfolio manager's assets under management unless the pledge is invoked, transferring ownership to the lender.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (51/100). Lens Score 44/100.
Outlets measured: economictimes, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 17 Aug, 04:32 pm. Other outlets followed.