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Securities Trading Corporation of India Limited (STCI) was promoted by Reserve Bank of India (RBI) in 1994 along with Public Sector Banks and All-India Financial Institutions with the objective of developing an active, deep & vibrant secondary debt market. STCI was one of the first accredited Primary Dealers in the Indian government securities market and has contributed immensely to the development of the Indian fixed income market. RBI divested it’s stake in STCI to banks and financial institutions in 1999 and 2002. Having fulfilled its original mandate of developing an active secondary market for fixed income securities, STCI has now diversified into lending activities covering the entire gamut of retail and wholesale credit to HNIs and Corporates.
Our relationships thrive on trust, ethics and transparent business practices. |
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Pursuant to Reserve Bank of India (RBI)’s Circular DNBS (PD) CC No.80/03.10.042 /2005-06 of 28 September 2006,and RBI/2010-11/25DNBS (PD) CC No.185/03.10.042 /2010-11 dtd July 1, 2010 issued to Non-Banking Financial Companies (NBFCs), we the Board of Directors have
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| COMMODITY BROKING UNIT FOR SALE |
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STCI offers for sale its commodity broking subsidiary viz.STCI COMMODITIES LIMITED along with its licences of MCX ,NCDeX Futures Exchanges & NCDEX Spot Exchange as well as Back Office (LD) Software with capability to cater to branches at various locations. The Company earlier had a clientele base of about 1000 customers with a network of branches/franchises which have since been closed down as it is now functioning from its Head Office in Mumbai.The Company follows strong Corporate Governance practices as well as Fair Practices Code.The entity can be acquired with or without its existing trained/skilled manpower.
Please reply to response@stcionline.com within a period of three weeks from the date of this advertisement.
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