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STANDARD COMPLIANT CHEQUES
Zepto set to raise $300 million to boost domestic shareholding amid quick commerce battleThis comes on top of the $1 billion the company has raised over the past few months amid the intensifying quick commerce battle. Post this ...- Fintech sector grapples with heightened scrutiny, and other top stories this weekAs things stand, it is no wonder that fintechs have been shopping around to acquire an NBFC licence. Cred acquired Parfait Finance in Novem...
- PMS Talk: Kshitiz Mahajan highlights I.N.D.I.A. methodology to pick stocks for portfolioWe launched our Portfolio Management Services (PMS) on 9th May 2021 and we got very good traction in the first year of its inception only. ...
- Franklin Templeton unitholders to get Rs 1,115 crore this weekSBI Mutual Fund has communicated to the unitholders of six shut schemes of Franklin that all investors whose accounts are KYC compliant wit...
- Franklin Templeton MF unitholders to get Rs 1,115 cr in 7th trancheSBI Funds Management (SBI MF) will distribute from Monday the seventh tranche of a little over Rs 1,115 crore to unitholders of the Frankli...
- Franklin Templeton MF unitholders to get Rs 3,303 crore in fifth trancheThe payment will be made electronically to all eligible unitholders by SBI MF, which has been appointed as the liquidator for the schemes u...
- Franklin Templeton unitholders to get Rs 3,205 cr this weekSBI Funds Management (SBI MF) will distribute the fourth tranche of Rs 3,205 crore to unitholders of Franklin Templeton Mutual Fund's six s...
- How KYC process works in mutual fund investingFor mutual fund investors, it is important to keep the information like address, mobile number and bank details in KYC records updated. To ...
- How to invest lump sum amount in mutual fundsIf the investor is not taking the services of an adviser, he can submit the form at the AMC office himself or investor service centre indic...
- No clearance of non-CTS compliant cheques from January: Punjab National BankThis eliminates the cost of movement of physical cheques and reduces the time for clearance for better delivery of services to customers.
- How NRIs can invest in mutual funds in IndiaNon resident Indians (NRIs) can invest in Indian mutual fund schemes subject to provisions applicable in the Foreign Exchange Management Ac...
- 25 years of pvt sector mutual funds: Major reforms in the industryThe first mutual fund regulations came into force in 1993.
- Market Movers: Bond market strain; China's growth boosters & moreA look at top macro triggers that may move market on Tuesday.
- Relations with Trai worsen as Airtel, Idea, Vodafone find recommendations on PoI hastyA senior executive at another incumbent said it was appalling to see the lack of “application of mind” in proposing such hefty penalties.
- E-retailers ahead in terms of online payment; RBI'S insistence on a two-stage authentification still an issueWhen it comes to payments, the Reserve Bank of India’s mission is ‘to ensure payment and settlement systems in the country are safe.
- Tips to replace non CTS-2010 compliant chequesThe advent of CTS-2010 compliant cheques will make the existing cheques invalid from 31 July 2013.
- NRIs, get ready to order new India cheque booksRBI has introduced a new format for cheques, the CTS-2010 Standard as part of its measures for enhancement of security features.
- NBFCs allowed to migrate to new standard cheques till March 2013Borrowers from NBFCs have now time till March 31 to replace their old system bank cheques with new ones with added security features for th...
- Check your cheque status, only those in new format will be honoured from January 1Get a new cheque book before the New Year. Here are the features of new cheques & what you need to do before the year ends.
- RBI to NBFCs: Replace post-dated cheques with standardised normRBI asked non- banking financial companies to replace post-dated cheques issued to them by customers with new standardised cheques with imp...
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