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SHCIL meaning in Regional ?

Answer» What is Stock Holding Corporation of India Limited mean?

Stock Holding Corporation of India Limited (SHCIL) is an Indian custodian and depository participant, based in Mumbai, Maharashtra. SHCIL was established in 1986 as a public limited company and is a subsidiary of IFCI. It is also responsible for e-stamping system around India. It is also authorised by Reserve Bank of India as Agency Bank to distribute and receive Govt. of India savings/relief bond 2003 along with nationalized banks.

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