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Saturday, May 10 1997

Loan against dematerialised stocks


NSDL will start providing pledging facility for dematerialised stocks from May 12. NSDL will download the pledging/hypothication module to the depository-participant end this Saturday. An investor who wants to take loan against his dematerialised shares requires to instruct the depository participant to create a pledge on his security.

Copyright © 1997 Indian Express Newspapers (Bombay) Ltd.

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