Extending number of centers where refund shall be made through ECS in public/rights issues

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..... 2. On January 20, 2006, SEBI issued a Circular No SEBI/CFD/DIL/DIP/18/2006/20/1 to all Merchant Bankers informing them that to begin with, facility of refunds through ECS may be made available in 15 centers where clearing houses are managed by the Reserve Bank of India (RBI).This was in addition to other permissible modes of making refunds electronically viz NEFT, RTGS and Direct credit. 3. In consultation with RBI, it has now been decided to extend the facility of refund through ECS in public/rights issues to 68 centers as provided by RBI . List of these 68 centers is enclosed at Annexure I. 4. You are advised to ensure that suitable instructions for refunds through various modes are incorporated in the application fo .....

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..... . Baroda 2. Dehradun 3. Nashik 4. Panaji 5. Surat 6. Trichy 7. Trichur 8. Jodhpur 9. Gwalior 10. Jabalpur 11. Raipur 12. Calicut 13. Siliguri (non-MICR) 14. Pondicherry 15. Hubli 1 .....

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..... Pune 2. Salem 3. Jamshedpur Managed by Andhra Bank 1. Visakhapatnam Managed by Corporation Bank 1. Mangalore Managed by Bank of Baroda 1. Coimbatore 2. Rajkot Managed by State Bank of Travancore 1. Kochi/Ernakulam Managed by Central Bank of India 1. Bhopal Managed by C .....

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