PDO.19.01.02/ 2027/2002-03 November 8, 2002 All SGL Account holders in Mumbai PDO. Dear Sir, Transactions in Govt. Securities As you may be aware the Bank is contemplating various measures for reducing the scope for trading in Govt. securities in physical form. Circulars have been issued to the Stock Certificate holders bringing to their notice, the arrangements available for holding of securities in demat/electronic mode. In this connection we request you to assist the Gilt Account Holders/Constituents in dematerialis - ation process. Kindly report to us difficulties, if any, faced by you in this regard. Your active cooperation in this regard will be highly appreciated. Yours faithfully, ( Jasbir Singh )
General Manager (Banking) |