Deutsche Bank ready to be NPS custodian for just Rs 100 per year
![](https://img.etimg.com/thumb/msid-87476188,width-1070,height-580,imgsize-75230,overlay-economictimes/photo.jpg)
The existing custodian, Stock Holding Corporation of India, a large depository participant owned by public financial institutions, charges close to ₹19 crore for the job. Other institutions in the race for the custody mandate of the National Pension Scheme (NPS) have quoted fees of more than ₹1crore.
via Economictimes
Post a Comment