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      Question

      Which regulatory change now allows PSBs to transfer

      unclaimed shares and interest to the IEPF?
      A Companies Act Amendment, 2023 Correct Answer Incorrect Answer
      B SEBI Regulation 2024 Correct Answer Incorrect Answer
      C Banking Laws (Amendment) Act, 2025 Correct Answer Incorrect Answer
      D RBI Circular of June 2025 Correct Answer Incorrect Answer
      E Finance Act, 2024 Correct Answer Incorrect Answer

      Solution

      Under the Banking Laws (Amendment) Act, 2025, Public Sector Banks (PSBs) are now empowered to transfer unclaimed shares and interest to the Investor Education and Protection Fund (IEPF), in line with Companies Act norms.

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