Financial Daily from THE HINDU group of publications
Friday, Mar 12, 2004
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Markets - Financial Services


NSDL reduces custodial fee

Our Bureau

Mumbai , March 11

NATIONAL Securities Depository Ltd (NSDL) has reduced the custodial fee to Rs 4 per ISIN position per annum from the current fee of Rs 6 per annum, according to a company press release.

This is because of the rise in ISIN positions in NSDL and the investors enthusiasm towards the demat process, clarified the release.

This reduction will take place from April 1. The custodial fees would be collected from the depository participants on a quarterly basis, stated the release.

More Stories on : Financial Services

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
NSDL reduces custodial fee

Century delists from DSE
Bear onslaught
Selling pressure pushes market further down
HLL turns contrarian in a falling market
Placement talk buoys it
Brokers alarmed over shifting of stocks to T segment
Vardhaman Spinning remains steady in volatile market
Tata Motors: Construct near-month bear put spread
SEBI cancels regn of Ketan Parekh firms
FMCG majors make a comeback
Biocon issue oversubscribed 10.6 times on day 1
NDTV readies IPO; sees competition from DD
Govt hopes to mop up Rs 1,50,000 cr through divestment

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line