Friday, January 28, 2011

Indbank Merchant Banking Services' board approves merger of Indian Bank DP




Source :Capital Market / 14:59 , Dec 08, 2010



Indbank Merchant Banking Services has announced that the board has accorded approval for the proposal for the merger of Indian Bank DP with company's DP in accordance with NSDL regulations. 

Indian Bank has accorded their approval for the proposal for transfer of Indian Bank Demat business to lndbank Merchant Banking Services in accordance with NSDL regulations. 

Indian Bank Demat accounts will be transferred to Indbank Merchant Banking Services, after complying with the procedures and requirements in accordance with NSDL regulations.

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