Deutsche wins depositary bank mandate from Indiabulls

Deutsche will manage the Indian brokerage house's GDR programme and also help to raise its international profile.

Deutsche Bank has been appointed as the depositary bank for the global depositary receipt GDR programme of leading Indian brokerage Indiabulls Securities, according to a release.

Indiabulls is a member of the National Stock Exchange and the Bombay Stock Exchange. Among the largest securities broking companies in India, it offers a raft of broking services such as equity, debt, and derivatives. It also provides depositary, equity research, mutual fund and IPO distribution services.

Aside from managing its GDRs, Deutsche...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...