https://www.taxtmi.com/circulars?id=64996 Mutual funds are directed to maintain current accounts with an appropriate number of banks, including those outside major cities, for receiving subscription amounts and for payment of redemptions, dividends, brokerage, commission and related disbursements, to promote financial inclusion and investor convenience, recognising exceptions to general banking restrictions and the industry's analogy between continuous subscriptions/redemptions and offerings/buybacks. en-us Wed, 04 Aug 2021 00:00:00 +0530 Wed, 04 Aug 2021 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64996 Mutual funds are directed to maintain current accounts with an appropriate number of banks, including those outside major cities, for receiving subscription amounts and for payment of redemptions, dividends, brokerage, commission and related disbursements, to promote financial inclusion and investor convenience, recognising exceptions to general banking restrictions and the industry's analogy between continuous subscriptions/redemptions and offerings/buybacks. Circulars SEBI Wed, 04 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64996