Saturday, 5 January 2019

#DohaBank, StockHolding join hands to offer India investment solutions

Doha Bank, StockHolding join hands to offer India investment solutions:

Doha Bank has signed a memorandum of understanding (MoU) with Stock Holding Corporation of India Limited (StockHolding), India’s premier custodian and depository participant, to facilitate its global customer base to invest in India.

Under the MoU, Doha Bank will offer all banking-related services, while StockHolding will offer compliance, clearing, settlement and reporting services for all investment activities of customers. 

The customers will be able to invest through the permitted mechanism in all permitted securities across asset classes, such as equity, mutual funds, debt (including government debt), all derivatives (equity/debt/currency), AIFs, and securitised assets, among others.

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