Pool of accounts in detail
Divya Priya (student) (333 Points)
08 October 2021
What is usage of pool account? why sebi discontinuing?
Divya Priya (student) (333 Points)
08 October 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 08 October 2021
Pooling as you know making a bunch of things. Eg., if bank pools all 3 years loans and if 90% of it is bad debts, then they may write off the whole pool.
Next, immature professionals can use it and put all instruments into a pool to ease accounting. Revaluation of these pooled assets is difficult. I don’t know sebi motives. I’ll check out later this on.
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 08 October 2021
It’s about mutual funds it seems and only for transactions. Hard to tell because one has to know the transaction process.
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