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Section 6 of the Depository Act - Surrender of certificate of security—(1) Any person who has entered into an agreement under section 5 shall surrender the certificate of security, for which he seeks to avail the services of a depository, to the issuer in such manner as may be specified by the regulations. (2) The issuer, on receipt of certificate of security under sub-section (1), shall cancel the certificate of security and substitute in its records the name of the depository as a registered owner in respect of that security and inform the depository accordingly. (3) A depository shall, on receipt of information under sub-section (2), enter the name of the person referred to in sub-section (1) in its records, as the beneficial owner.
Terminals which allow & deposits, withdrawals etc are called
Which of the Following T-Bills is not issued at present?
IMPS-MMID is a ________ digit numeric code.
Bank rate is
Banking services between merchant banks and other financial institutions are known as _____________.
What is the full form of the term LIBOR as used in financial/banking sector?
Lack of access to financial services is technically known as:
Under which Act, Banking ombudsman has been constituted?
Which of the following is true about the Debit Card of the Banks?
I. By Automated Teller Machine customers can deposit or withdraw money fro...
Which of the Following T-Bills is not issued at present?