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This circular clarifies that investors can continue to submit the bid-cum-application form online using 3-in-1 type accounts (linked online trading, demat and bank account) for making applications in public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities and securitised debt instruments. This is in addition to existing modes prescribed under the Master Circular and notwithstanding provisions of an earlier circular. The circular is issued under relevant regulations to protect investors' interests and regulate securities markets.
This circular clarifies that investors can continue to submit the bid-cum-application form online using 3-in-1 type accounts (linked online trading, demat and bank account) for making applications in public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities and securitised debt instruments. This is in addition to existing modes prescribed under the Master Circular and notwithstanding provisions of an earlier circular. The circular is issued under relevant regulations to protect investors' interests and regulate securities markets.
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