Custody Services is one of the thrust areas of operations of the Bank and is a key product offered to Mutual Funds, Financial Institutions and Corporates etc. The Bank has set up the Custody Services group offering quality and reliable custody services to the clients and has in place a customised Information system, high security storage vaults and premises for processing / safekeeping securities. HDFC Bank also has the capability to offer "Straight-through Processing"(STP) through NSDL, NSE-IT and FT.
The Bank's Custodial Clientele
The Bank has already been appointed as the Custodian by leading investment groups. Some of our valued clients include:
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Domestic Mutual Funds |
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Insurance Companies |
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Banks |
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Foreign Institutional Investors |
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Private Equity/Foreign Corporates |
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Venture Capital Funds |
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Stock Exchanges |
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Financial Institutions |
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Broking Houses |
The Bank has been appointed Custodian by the National Stock Exchange -
the country's leading automated exchange in respect of the securities deposited
by the trading members. |
