Page 6 - Nsdl
ICICI Prudential Life partners with NSDL Payments Bank to offer insurance products
ICICI Prudential Life Insurance has entered into a corporate agency agreement with NSDL Payments Bank, a subsidiary of National Securities Depository Ltd (NSDL).Under the agreement, ICICI Prudential Life will provide its customer-centric protection and savings products to customers of NSDL Payments Bank.N S Kannan, the Managing Director and CEO of ICICI Prudential Life Insurance, said the key objective of both partners is to leverage technology to provide a hassle-free and immersive experience to customers."We believe our customer-centric protection and long-term savings products will enable NSDL Payments Bank customers to provide financial security to their loved ones and help them achieve their financial goals," he said in a statement on Thursday."This partnership is also a step towards fulfilling our commitment to address the huge protection gap in the country," added Kannan.Ashutosh Singh, CEO of NSDL Payments Bank, said the COVID-19 pandemic has emphasised the importance of ...
 "ICICI Prudential Life partners with NSDL Payments Bank to offer insurance products")
Sebi steps up oversight of MII boards, seeking to protect shareholders
Regulator takes a close look at appointments after shareholder directors of NSE, BSE quit
 "Sebi steps up oversight of MII boards, seeking to protect shareholders")
FinMin says NSDL will create awareness about National Pension System
The Finance Ministry on Tuesday said NSDL e-Governance Infrastructure Ltd will undertake an exercise to create awareness among people about the National Pension System (NPS)
Handing over shares to a broker for fixed return may land you in trouble
Brokers are supposed to report, on a weekly and monthly basis, the shares of clients that they hold
 "Handing over shares to a broker for fixed return may land you in trouble")
Central Depository Services pips NSDL, now has most demat accounts
CDSL now has 19,721,768 demat accounts and NSDL has 19,638,964 accounts. While CDSL refused to comment on having most demat accounts, NSDL said it was still number 1 on other parameters
 "Central Depository Services pips NSDL, now has most demat accounts")
Karvy case: Appellate tribunal reserves order on Axis Bank's plea
Lender had overdraft facility of Rs 100 crore to brokerage
 "Karvy case: Appellate tribunal reserves order on Axis Bank's plea")
Banks move SAT against NSDL's decision to transfer Karvy's securities
HDFC Bank had Rs 470 crore worth of shares pledged for Rs 300 crore of outstanding loans
 "Banks move SAT against NSDL's decision to transfer Karvy's securities")
SAT asks NSDL to hold back remaining stocks of Karvy Broking clients
Issuing an interim stay, a two-member SAT bench comprising MT Joshi and CKG Nair said the final order will be issued Wednesday afternoon
How the Karvy case brought another three dozen brokers under Sebi's radar
Karvy is among the country's top 10 brokerage companies, with 244,000 customers in the country
 "How the Karvy case brought another three dozen brokers under Sebi's radar")
Technical glitch at NSDL hits e-voting at more than a dozen companies
MIIs are institutions such as stock exchanges, clearing corporations, and depositories
 "Technical glitch at NSDL hits e-voting at more than a dozen companies")
NSDL to float payments bank by May
NSDL was one of the 11 entities given licences to float payments bank
 "NSDL to float payments bank by May")
NSDL to seek final RBI go-ahead for payments bank
The new payments bank will be a separate entity housed within the 20-year-old securities depository
 "NSDL to seek final RBI go-ahead for payments bank")
NSDL to allow up to three nominations in single demat A/C
National Securities Depository Ltd is in advanced stage to offer the benefit
 "NSDL to allow up to three nominations in single demat A/C")
NSDL launches facility for retail trade in G-secs
This facility was made operational on Tuesday and the first trade for a retail client was executed by HDFC Bank
