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The government should not intervene till necessary in the economy: Subramanian

Published On,
15 Mar 2020

Financial Express, Pg.04, March 15

Read the original article:

The Financial Express

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© 2023 360 ONE WAM LIMITED
(Formerly known as IIFL Wealth Management Limited)

ATTENTION INVESTORS:

"Prevent Unauthorized Transactions in your demat / trading account —> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/CDSL on the same day." - Issued in the interest of investors.

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.

Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

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(Formerly known as IIFL Wealth Management Limited)
All rights Reserved.