Which bank will be empanelled by NSE as Settlement Bank for National S – InterviewSolution

InterviewSolution

1.	Which bank will be empanelled by NSE as Settlement Bank for National Securities Clearing Corporation?
Answer» Yes Bank has received approval from National Stock Exchange to be empanelled as Settlement Bank for National Securities Clearing Corporation (NSCC), a wholly owned subsidiary of NSE. NSCC is responsible for clearing and settlement of all trades executed on NSE. The Bank is already an empanelled Clearing Bank for BSE, NCDEX & MCX.

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