India Post And NSE's Mutual Fund Distribution Initiative Hits Pause

By NDTV Profit

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The Department of Posts has put its mutual fund distribution initiative on hold, directing all its circles to keep MF-related activities in "abeyance" with immediate effect, pending inter-ministerial consultations, NDTV Profit has assessed from a DoP order. The hold covers the full scope of the initiative, including NISM training, examinations, EUIN registration and mutual fund distribution activities. The directive applies across all DoP circles nationwide. The pause is significant given the scale of the ambition behind the initiative. The Department of Posts had signed a memorandum of understanding with NSE in February to distribute mutual funds through India Post's network of 1.64 lakh post offices. #rbi #rbiguidelines #indiapost #mutualfunds #business #ndtvprofitvideo For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here:

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