About 1.8 million new accounts added, 20% below monthly average for calendar 2022
If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.
The RBI has set three parameters for YES Bank before it can leave the reconstruction scheme
The tally was less than 41 million before Covid-19 pandemic
Says stock exchange only has jurisdiction over trading members and cannot issue directions to other entities
CDSL now has 19,721,768 demat accounts and NSDL has 19,638,964 accounts. While CDSL refused to comment on having most demat accounts, NSDL said it was still number 1 on other parameters
An internal search committee of Sebi will interview 10 internal candidates for executive director
Central Depository Services (CDSL) will file the needed documents this month for an Initial Public Offer (IPO) of equity.It will the second market infrastructure institution (MII) after BSE Ltd to file for an IPO this year. Set up by in 1999 by the BSE exchange, CDSL facilitates holding of securities in electronic form, one of only two depositories in the country. The other is the National Stock Exchange-promoted NSDL, market leader in the segment.CDSL's public issue will be entirely an offer for sale, with BSE diluting a large chunk of its holding, to comply with regulatory norms. HDFC Bank and some state-owned banks will also pare their holdings in the MII through the offering, said three people with knowledge of the development.CDSL is eyeing a valuation between Rs 1,200 and Rs 1,500 crore, sources said.BSE currently owns 50 per cent stake in CDSL and will dilute around 26 per cent in the IPO. The bourse, through a postal ballot, had sought approval of its shareholders for the ...