DDP/Custodian Appointment
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Designated Depository Participant (DDP) is an intermediary approved by Securities and Exchange Board of India (SEBI) to perform due diligence as per SEBI (Foreign Portfolio Investors) FPI Regulations,2019 and grant certificate of registration to FPIs on behalf of SEBI.
SEBI registered Custodians/DDPs are as under:
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Axis Bank
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BNP Paribas
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Citibank N.A.
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DBS Bank Ltd
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Deutsche Bank A.G.
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HDFC Bank Ltd.
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Hong Kong & Shanghai Banking Corporation Ltd.
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ICICI Bank Ltd.
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Infrastructure Leasing & Financial Services Ltd.
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J P Morgan Chase
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Kotak Mahindra Bank
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Nuvama Custodial Services Limited.
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Orbis Financial Corporation Ltd
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SBI-SG Global Securities Services Ltd.
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Standard Chartered Bank
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Stock Holding Corporation of India Ltd.
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Yes Bank