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Markets regulator Sebi has extended the deadline to June 30 next year for demat and mutual fund account holders to provide a nomination.Earlier, the deadline to nominate a beneficiary or opt out of it by submitting a declaration form was December 31, 2023. The move is aimed at helping investors to secure their assets and pass them on to their legal heirs. Further, Sebi asked asset management companies (AMCs), depository participants and Registrar and Transfer Agents (RTAs) to encourage the demat account holders and mutual fund unit holders to fulfil the requirement for nomination/opting out of nomination by sending a communication on fortnightly basis by way of emails and SMS to all such unit holders who are not in compliance with the requirement of nomination.
What is the term used to describe the issuance of securities, whether debt or equity, to a select group of investors such as banks, mutual funds, high n...
As per RBI's discussion paper on ECL model for banks what is the recommended treatment for the transitional adjustment amount in relation to the adoptio...
Calculate the Total Assets to Debt Ratio given the following information:
Non-current Assets: ₹40,00,000
Current Assets: ₹40,00,000
The stage of communication model in which easy and less technical jargons are used before the communication for smooth flow of communication is ______
According to the Union Budget 2023-24, consider the following statements.
1.The IMF has projected global growth to slow from 6.2 percent in 202...
Which of the following statement with respect to Risk weight for banks is correct?
I. Th...
Consider the following statements regarding the SOPs generated by SEBI for large corporates-
I.Firms will need to meet the borrowing quota over...
If the Current Assets are less than Current liabilities by 5000, what is the amount of Net Working Capital?
Calculate the Working Capital Turnover Ratio:
An organizational structure that is characterized by democratic and inclusive styles of management can be described as ?