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India markets regulator allows Nifty Bank to be restructured by March 2026

SEBI green-lights phased restructuring of banking-indices including Nifty Bank through March 2026 to improve robustness.
The Securities and Exchange Board of India (SEBI) has approved a phased restructuring of the banking-and-financial indices such as Nifty Bank and Bankex. Bankex and the Nifty Financial Services will be adjusted in a single tranche by December 2025, while Nifty Bank will be re-weighted over four monthly tranches, completing by March 2026. The move aims to broaden index composition and reduce manipulation risk linked to derivatives. Market participants believe it is a strategic effort to strengthen index integrity.