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Mumbai, Sept. 10 Mr RC Razdan has taken over as the Chairman and Managing director of Stock Holding Corporation of India Ltd (SHCIL). Prior to this appointment, Mr Razdan was looking after Northern India Operations of IDBI Bank.

Mr Razdan, a postgraduate in marketing, has over two decades of diversified experience in corporate and retail banking in IDBI Bank.

From being a custodian, SHCIL in the last two decades has metamorphosed into a full-spectrum provider of financial services such as depository participant, broking, derivatives, and retailing of third party financial products. The corporation was recently authorised by the Government of India to act as central record keeping agency for the e-stamping project.

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