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India's Securities and Exchange Board of India (SEBI) has imposed a fine of ₹9.5 crore on YouTuber Ravindra Balu Bharti for operating an unregistered investment advisory business. The regulator's crackdown is part of a broader effort to combat excessive stock speculation and unfair trade practices. SEBI cited violations related to Bharti's activities, which included misleading investment advice to his substantial following of over 1.9 million subscribers. This action reflects SEBI's commitment to maintaining market integrity and protecting investors in the face of rising concerns over investment scams in the digital space.