CORPORATE BOND SETTLEMENT THROUGH NSCCL
According to the Securities and Exchange Board of India (SEBI), all trades in corporate bonds
between mutual funds, foreign institutional investors, venture capital funds and RBI-regulated
entities would be cleared and settled through the National Securities Clearing Corporation or the
Indian Clearing Corporation from December 1, 2009.
between mutual funds, foreign institutional investors, venture capital funds and RBI-regulated
entities would be cleared and settled through the National Securities Clearing Corporation or the
Indian Clearing Corporation from December 1, 2009.
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