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Discontinuation of Stockinvest Scheme
The Reserve Bank of India (RBI) has issued a Notification No. DBOD.NO.FSC.BC. 42/24.47.001/2003-04 dated November 5, 2003, withdrawing the Stockinvest Scheme with immediate effect. RTAs and Issuers would, therefore, reject any IPO/Rights application forms accompanied with a stockinvest.
