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Indian
Rupee (INR)
USD
2,611bn
GMT
+5.5 hours
ISIN
BSE SENSEX
and NIFTY
Equities | Corporate bonds | Government bonds | Derivatives | |
---|---|---|---|---|
Trading | BSE/NSE | BSE/NSE/OTC | BSE/NSE/NDS-OM/OTC | NSE |
Clearing | ICCL/NSCCL | ICCL/NSCCL | ICCL/NSCCL/CCIL | NSCCL |
Settlement and custody | NSDL/CDSL | NSDL/CDSL | Settlement: ICCL/NSCCL/CCIL Custody: NSDL/CDSL/RBI |
NSDL/CDSL |
Cash leg | INR | INR | INR | INR |
No tolerance limits at market level but clients can set up tolerance limits with their custodians to avoid mismatches.
No fees are associated. Late settlement results in auction of securities.
When securities are not auctioned, they are squared off.
BNP Paribas customers benefit from free access to more detailed market information on our NeoLink webportal. Click here to access the Market Profiles or contact your relationship manager.
As a registered custodian and Designated Depository Participant (DDP) in India, we offer comprehensive custody, execution and derivatives clearing solutions, with full guidance on the local registration process and fast account opening.
We offer local custody to domestic and foreign institutions. Our core services include settlement, safekeeping, corporate actions, proxy services, cash and collateral management.
BNP Paribas has had a presence in India for over 155 years having established its first branch in Kolkata in 1860. We currently have 250 Foreign Portfolio Investment (FPI) clients and our team of 40 professionals are experts in custody services for FPIs and Alternative Investment Funds. With our unparalleled experience of the Indian market, we are among the leading banks active in India.
For more information, please contact your relationship manager or
Akshay Thakurdesai, Head of Securities Services, India
akshay.thakurdesai@asia.bnpparibas.com