New Delhi, Feb. 4 -- Several investors who initiated trades on Tuesday were yet to get their shares or funds credited to their accounts by Wednesday night due to a settlement glitch between India's top two depositories.
The problem cropped up at National Securities Depository Ltd (NSDL), but impacted the entire settlement process on Wednesday, four brokers told Mint.
"...we hereby inform you that the Company experienced a technical glitch pertaining to network connectivity issue with other depository resulting in temporary disruption of certain depository services. The issue is currently being resolved as BCP options for network connectivity with other depository is implemented," NSDL said in a disclosure to the BSE. Its shares ended fl...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.