Pool of accounts in detail
Divya Priya (student) (333 Points)
08 October 2021
What is usage of pool account? why sebi discontinuing?
2 Replies
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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