Axis Bank Ltd
Address
Axis Bank Limited
Custody and Capital Market Operations,
Custodial Services,
2nd Floor, The Ruby, Senapati Bapat Marg,
Dadar West, Mumbai – 400028
Contact Details
Mr. Virendra Chavan – 9702099948
Mr. Darshan Patil – 9820804487
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Custodians
Custodians are clearing members but not trading members. They settle trades on behalf of their clients that are executed through other trading members. A trading member may assign a particular trade to a custodian for settlement. The custodian is required to confirm whether he is going to settle that trade or not. If the custodian confirms the trade, NSCCL assigns the obligation to the custodian. If the custodian rejects the trade, the obligation is assigned back to the trading member.
Custodians Clearing members are required to request Clearing Corporation for allotment of Custodian Participant (CP) code for the clients for which they wish to clear and settle. The request has to be made along-with documentation for the said purpose like SEBI registration number, PAN number etc. depending on the category of the client.