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State Bank of India Announces Second 100 Days Campaign: Saksham Niveshak for KYC Updation
State Bank of India has announced the launch of the Second 100 Days Campaign "Saksham Niveshak" from April 1, 2026 to July 9, 2026, initiated by the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs, Government of India. The campaign aims to create awareness among shareholders regarding KYC updation and claiming unpaid or unclaimed dividends and shares. The bank has informed that dividend payments will be withheld in cases where shareholders have not updated their KYC details such as PAN, contact details, bank account details, and specimen signature with the Registrar and Share Transfer Agent (RTA) or Depository Participants (DPs). Shareholders are requested to update their KYC details to ensure seamless receipt of communications and dividend payments.
