NewsBites NewsBites

World · · 1 min read

RBI’s big move: Your account statement will now have details of MFs, stocks & FDs!

For individuals who receive a CAS, this means information on their mutual funds, stocks and, going forward, fixed deposits (FDs) can be viewed together in one place. The change will allow demat account holders to see details of their demat holdings as well as bank deposit accounts together in a single CAS.

Read original on The Times of India — Top Stories