Correct Answer : Option (B) - HDFC Securities Ltd
HDFC Securities Ltd on Monday(25th July 2022) announced its partnership with Equitas Small Finance Bank to provide its clients with a demat account and its broking or investment services.
With this partnership, Equitas SFB will be able to offer its customers a 3-in-1 account that helps them access the services of HDFC Securities. The stock broking company will oversee the entire journey for Equitas’ customers, from account opening to regular share transactions.
All Equitas Small Finance customers would be able open their demat and trading account for buying & selling shares and trading in futures & options/ commodities and even currencies.
For the bank, this tie-up offers an opportunity to provide its customer with additional investment avenues..Source : Mint
Published On : July 27, 2022
Category : Business and Economics