| HDFC Bank provides Bank Guarantees to brokers favouring the various stock exchanges to meet Security deposit/ base capital and margin requirements of the Exchanges. The financial Guarantees are also provided favouring select Professional Clearing members for the trading members clearing their trades through them.
The guarantees are provided based on internal credit assessment and subject to RBI guidelines from time to time. For more details, write in to us at Capitalmarkets@hdfcbank.com
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