Euroclear signs MoU with Indian depositories
The worldÆs largest clearing house teams up with Indian depositaries.
Euroclear is teaming with two Indian central depository services for equities ahead of a potential launch of cross-border settlement services for Indian securities. The memorandum of understanding (MoU) between the European depository bank and its Indian counterparts aims to boost cooperation between the three organisations. Central Depository Services (India) and National Securities Depository (India) will, with Euroclear, also explore the possibility of establishing an operational l…
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