24/03/2023, 3 years ago
SEBI issues circular regarding E-wallet norms for investing in mutual fund
In its recent circular, the capital markets regulator SEBI said that E-wallets used for investing in mutual funds should be compliant with KYC norms prescribed by the Reserve Bank of India (RBI). The circular will be effective from May 1, 2023. In the year 2017, SEBI via its circular dated May 8, 2017, allowed the […]