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An individual may choose to convert their physical mutual fund units held through statement of account (SOA) mode to dematerialise mode online. However the online method is only applicable for National Securities Depository Limited (NSDL) demat account holders. For Central Depository Services Limited the conversion process is presently offline.
The new guidelines are aimed at "strengthening overall resiliency, the procedures at or governance of QRTAs for handling disruption, augmentation of systems and practices to achieve better Recovery Time Objective (RTO) and Recovery Point Objective (RPO), and to improve overall preparedness by conducting periodic announced/ unannounced drills.
Disaster to be declared in 30 minutes, switch to alternative site to be done in 45 minutes of incident
EXECUTION VERSION Dated 5 October 2023 Eni S.p.A. as Issuer and THE BANK...
The deadline has been extended to December 31, 2023 from September 30.