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The term 'amfi - multiple bank' refers to AMFI stands for Association of Mutual Funds in India, which is a self-regulatory organization of the mutual fund industry in India. It is responsible for promoting and regulating the growth of the mutual fund industry in the country.
AMFI - multiple bank filing is required to be done by all banks in India that have mutual fund products and services.
To fill out AMFI - multiple bank, banks need to provide detailed information about their mutual fund products and services, including customer data, fund performance, sales data, financial statements, and compliance reports. This information is submitted to AMFI in the prescribed format.
The purpose of AMFI - multiple bank is to ensure transparency, standardization, and proper regulation of mutual fund products and services offered by banks in India. It helps protect the interests of investors and promotes the growth of the mutual fund industry.
The information to be reported on AMFI - multiple bank includes details of mutual fund products and services offered by banks, customer data, fund performance metrics, sales data, financial statements, and compliance reports.
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