Why does Bank depend on an outside Registrar and Transfer Agents?
The work of Registrar and Transfer Agent is highly specialised. Our Bank floated its maiden public Issue in November, 2000 and is gaining valuable experience in the area of investor servicing, compliance of listing agreements, SEBI regulations, etc. The Bank can think of an in house transfer agent’s work only at a later stage subject to having necessary expertise, cost benefit and interest of investors.
