The 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]