The National Stock Exchange vide Circular dated May 27, 2022 has issued Guidelines for Settlement of Transactions on Mutual Fund Service System. It is reiterated that NSE Clearing Corporation Ltd can facilitate settlement of existing mandates subject to execution of agreement with payment aggregator including banks. In this regard Participants are requested to ensure completion of requirements for processing of existing mandates.
Launch of Association of NPS Intermediaries
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,