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  2. Saxo Bank - Wikipedia

    The company functions as an online broker with a bank license, without offering traditional banking products. According to Saxo, roughly half of its activities are derived from partnerships with institutional trading partners. More than 100 financial institutions globally service their end clients with Saxo Bank's platforms on a white-label basis

  3. National Payments Corporation of India - Wikipedia

    Initially, there were ten promoter banks viz. State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC. In 2016, the shareholding was diluted to include 13 additional public sector banks, 15 additional private sector banks, 1 additional foreign bank, 10 ...

  4. Paytm - Wikipedia

    History. Paytm was founded on August 2010 with an initial investment of US$2 million by founder Vijay Shekhar Sharma in Noida, India.It started off as a prepaid mobile and DTH recharge platform, and has expanded to a leading digital payments and financial services company , with a diverse range of offerings spanning from partner-based lending to offline devices.

  5. Central Depository Services - Wikipedia

    Central Depository Services (India) Ltd. (CDSL), the first listed Indian central securities depository, was founded in 1999.. The main function of CDSL facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges.

  6. Forward Markets Commission - Wikipedia

    The Forward Markets Commission (FMC) is the regulatory body for the commodity market and futures market in India.It is a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India.

  7. Housing Development Finance Corporation - Wikipedia

    Housing Development Finance Corporation Limited (HDFC) is an Indian financial services company based in Mumbai. It is a major housing finance provider in India. It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans.. History. It was founded in 1977 with the support from India's business community, as ...

  8. 1992 Indian stock market scam - Wikipedia

    Various bank officials were arrested, leading to a complete breakdown of banking systems. Subsequent reforms. The first reform was the formation of the National Stock Exchange of India (NSE). It was followed by the development of the CII Code for Desirable Corporate Governance by Rahul Bajaj.

  9. Reserve Bank of India - Wikipedia

    Preamble. The preamble of the Reserve Bank of India describes the basic functions of the reserve bank as: "to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly ...