Motilal Oswal group gets SEBI custodian licence to start operations from Q4
MeridStreet AI summaryMotilal Oswal Financial Services has received a licence from the Securities and Exchange Board of India, or SEBI, to start operating as a securities custodian. This means the company can now hold and safeguard securities on behalf of its clients, providing a new service to institutional investors. The licence is significant for the group's expansion plans, as it allows them to offer a wider range of services to their clients, potentially increasing their market share and competitiveness in the financial services sector.
Read the source report: Economic Times →
Why it matters
Motilal Oswal Financial Services has received SEBI approval to operate as a securities custodian. This expansion could increase investor confidence and boost the group's institutional business.
Market impact
Transmission channels
Likely winners & losers
Winners
- Financial services stocks
Explore the intelligence
MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.