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What will happen if DP goes bankrupt or stops operation?

April 26, 2017bankrupt DP operation Stops

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What will happen if DP goes bankrupt or stops operation?

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• Ours is a premier nationalized bank and a Government of India undertaking. • In a rare event of Bank going bankrupt or closing the operation, the interests of the investors will be fully protected. In such a situation, the investor is given option of either transferring the securities to a new DP or else he may rematerialize the securities.