NSE IFSC

In association with HDFC Bank, a wholly owned subsidiary of the National Stock Exchange of India Ltd NSE International Exchange has launched trading in India’s first Unsponsored Depository Receipts under the regulatory sandbox framework prescribed by the IFSCA, which will offer Indian retail investors an opportunity to invest in the US Stocks, listed on exchanges like NYSE and NASDAQ in an easy and affordable way. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalized Remittance Scheme prescribed by the Reserve Bank of India. NSE IFSC Receipts will make the entire process of investment…