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Hey Guys, off topic question... My mom has a savings account in a Punjab National Bank branch. Recently while trying to do transaction branch manager is informing her account has been blocked as per SEBI directive, he is not showing any proof for the same. Now my mother does not even have a DEMAT account, nor does she have any dealings with stock market. Any suggestions on what to do regarding this? Please help with suggestions, we are completely lost as to what to do. Punjab National Bank
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Anyone going in big on gold/oil ETFs?
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You would only miss out in what the market does while you are transferring the cash since you will not be in invested for a while. Other than that it is nothing. Your basis does not matter in a tax advantaged account.
Got it, thanks!