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SEBI removes letter of confirmation requirement, allows direct credit of securities to demat accounts

The Securities and Exchange Board of India (SEBI) on Friday said it has done away with the requirement of issuing a Letter of Confirmation for credit of securities and will allow direct credit of ...
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Sebi simplifies demat process, scraps letter of confirmation for faster credit of securities - Details

The Securities and Exchange Board of India (Sebi) has taken a major step to make investing smoother by removing the requirement of a Letter of Confirmation for crediting securities into demat accounts ...