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The securities and exchange board of India has decided to extend the deadline for pooling accounts by two months to July 1 2022.
The regulator decided to halt the pooling of accounts to ensure that the amount used to buy the mutual funds goes straight to the National stock exchange (NSE) or the Bombay Stock exchange (BSE) and not the stock broker’s account.
Deadline for Pooling of Accounts extended to July 1 2022: SEBI
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