Financial regulators mandate Fixed Deposit details in Consolidated Account Statements.
Indian financial regulators have mandated that all Fixed Deposit holdings be included in the Consolidated Account Statement (CAS). The new rule applies to deposits held with banks, non-banking finance companies, and other regulated entities. This measure aims to provide investors with a single, comprehensive view of their debt investments alongside their securities portfolio. It is intended to improve transparency and simplify financial tracking for individuals.
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