The full form of SHCIL is Stock Holding Corporation of India Limited
Stock Holding Corporation of India Limited (SHCIL) is India’s largest custodian and depository participant, based in Mumbai, Maharashtra.
SHCIL was established in 1986 as a Public Limited Company and is a subsidiary of IFCI. SHCIL is known for its online trading portal, with investors and traders.[4] It is also responsible for e-stamping system around India. It is also authorised by Reserve Bank of India as Agency Bank to distribute and receive Govt. of India savings/relief bond 2003 along with nationalized banks.
SHCIL
means
Stock Holding Corporation of India Limited
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