Reserve Bank of India gives PD license to Nomura
Friday, September 4, 2009 3:44 pmBy ShareGyan.com NewsDesk
Reserve Bank of India granted Primary Dealer license to Nomura Fixed Income Securities Private Ltd.
Reportedly, the PD license will allow Nomura’s fixed income group to leverage their proficiency for the advantage of their customers in the country, where they provide customers end to end economic solutions.
NFIS would be Nomura’s flagship unit in the country to execute trading and customer related activities in the domestic fixed income market, which is debatably the second biggest in Asia.
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