SHCIL:- Stock Holding Corporation of India
The full form of SCHIL stands for Stock Holding Corporation of India. The Stock Holding Corporation of India was first founded in 1986 in Mumbai. The headquarters of the Stock Holding Corporation of India is located in Mumbai, India. Custodial Services Depository Services E-stamping is some of the services provided by the Stock Holding Corporation of India. Shri Ramesh NGS is the Chairman of the Stock Holding Corporation of India. The Stock Holding Corporation of India provides services such as central depository services, broking, derivatives, mutual funds, E-stamping, etc. Being India’s largest custodian and depository participant, Stock Holding Corporation of India is a subsidiary of IFCI and is also known for its online trading portal with investors and traders. As Agency Bank the Stock Holding Corporation of India is authorized by Reserve Bank of India, to distribute and receive Government of India savings and relief bond 2003 along with nationalized banks. The Stock Holding Corporation of India is a company which provides various services to the country and is responsible behind trading, broking, funds and various policy services.