The Indian Clearing Corporation Limited (ICCL) on July 22, 2024, issued a notification to all Market Participants/MFIs /MFDs/ Payment Aggregators/ Banks in view of Union Budget 2024.
It is stated that the Union Budget for the financial year 2024-25 is proposed to be presented on July 23, 2024. We are anticipating a significantly high transaction volume on the BSE StAR MF Platform. It is crucial to ensure that the technical infrastructure is robust and ready to handle any eventuality at your end. All participants need to ensure that, entire operational activities are handled seamlessly i.e uploading valid credit MIS, and timely transferring of the appropriate amount of funds in the ICCL Account well within the cut-off, thereby ensuring that the Mutual Funds transactions entered on Bse Star MF before the cut-off time, by investors through various Member platforms are processed seamlessly.
[Notice No. 20240722-2]
