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DEBIT FREEZE FACILITY
CBSE says 40,000 students complete re-evaluation process without issues, portal open from June 2 to 6The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify scanned answer books and request re-e...- CBSE opens re-evaluation, answer book verification window from June 2 to June 6Students can now apply for verification of scanned answer books and re-evaluation of answers. The online portal is open until June 6. This ...
- PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
- What changes for mutual fund investors from April 1? TER tweak, life cycle funds and folio freeze optionNew financial year brings significant mutual fund reforms. Expect revised GST, introduction of life cycle funds, and discontinuation of chi...
- Sebi proposes a voluntary debit freeze for MF foliosMutual fund investors can soon opt for a voluntary debit freeze facility, enhancing digital security. This feature, rolling out from April ...
- Your mutual funds can now be locked: Sebi introduces debit freeze feature for investorsSebi has launched a voluntary lock-in facility for mutual funds, allowing investors to temporarily freeze withdrawals or debits. The featur...
- This type of illiquid shares cannot be transferred out of demat account or sold anywhereA share which was once actively traded on stock exchanges could turn illiquid one day due to multiple reasons like trading suspension/block...
- Mutual fund nomination deadline extended to this dateIf the deadline for giving MF nominations hadn’t been extended the investor’s folio would have gotten frozen for debits.
- NSDL nomination: How to add, change nominee details online in demat accountThe SEBI's July 23, 2021, circular states that investors opening new trading and or demat account(s) on or after October 01, 2021, shall ha...
- Share pledging case: SAT quashes NSE, CDSL orders against Kotak Mahindra BankIn its order, SAT said that respondent (NSE) as a stock exchange has jurisdiction only against its trading members and cannot issue any dir...
- Vivo needs to give a bank guarantee of Rs 950 crore to run its bank accounts in IndiaDelhi high court on Tuesday has defreezed Vivo’s bank account attached by Enforcement Directorate.
- HC permits Vivo India to operate bank accounts frozen by EDThe Enforcement Directorate (ED) on July 5 in a communication sent to all nine banks had ordered a debit freeze of all Vivo bank accounts.
- Vivo asks ED to unfreeze bank accounts, says action ‘jeopardising existence,’ disrupting opsYes Bank, Bank of Baroda, HSBC, ICICI Bank, Citibank, IDBI Bank, HDFC Bank, Standard Chartered Bank and DBS Bank operate Vivo India's accou...
- Nominations not mandatory in mutual funds anymoreThe regulator has advised all mutual fund houses to set a deadline of March 31, 2023, for nomination or opting out of nomination for all th...
- SBI makes checking bank balance via ATM more secure: Here's howAccording to the tweet put out by the bank on its official Twitter handle, whenever a customer requests balance enquiry or mini statement, ...
- Jammu & Kashmir Bank had 'no direct exposure' to Nirav Modi group companiesBank says it was not affected by the fraudulent LoUs issued by PNB; Additional exposure was avoided following a consolidation drive, some 1...
- Vague RBI guidelines see banks cap PM's Jan Dhan Yojana accountsTo complicate matters, instead of speaking about withdrawals or ATM withdrawals, the guidelines desc ribe withdrawals as all debit transact...
- ET in the Classroom: Freezing of Bank AccountsWhat happens when bank accounts are frozen? ET explains the meaning of such an action and its impact.
- Four steps to be free from credit card debt trapIf you roll over the balance on your credit card bill for more than 2-3 months in a row, it’s a sign that you are in a debt trap.
- NSDL norms: noose tightens around DPsIt has introduced new penalties for errant actions by depository participants registered with it.
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