BSE notified regarding Market Participants/MFIs/MFDs/ Payment Aggregators/Banks

Aug 02, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on August 01, 2024, issued the notification regarding the all Market Participants/MFIs/MFDs/ Payment Aggregators/Banks-NPCI notification.

The following has been stated namely: -

• Clients having mostly cooperative and rural banks, may be impacted due to non-receipt of Fund confirmation by Bse Star MF System. 

• Any successful funds receipt from this list of cooperative banks, which is subsequently reversed the said respective allotment would be liable to be cancelled in such scenario

[Notification No. 20240801-3]


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