Comment on CDSL introduces PIN-based pre-authorisation for selling stocks

NJ commented on 28 May 2020, 12:15 PM

This is a much appreciated step from CDSL to safeguard our stocks and to avoid brokers selling it in case of fraud. But I am disappointed to see how Zerodha is not encouraging its customers to use new TPIN process rather they are asking to send POA physically. Looks like their priority is to save their customer base and not enhancing security. This process is to avoid situation like Karvy Fraud. Better to use new process and stay safe than vulnerable.

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