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Who is deemed to be the holder of the Government securities in CSGL account?

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CSGL account holder shall be deemed to be the holder of the securities held in that account with RBI but the constituents/GAHs as the beneficial owners of the Government security held therein shall be entitled to claim from the CSGL account holder all the benefits and be subjected to all the liabilities in respect of the Government securities held in the CSGL account.

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