The market infrastructure institutions (MIIs) viz stock exchanges, clearing corporations and depositories are of critical importance in the growth and stability of any financial system, IFSCA said in a statement.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/ifsca-allows-banks-in-ifscs-to-undertake-portfolio-management-investment-advisory-services/articleshow/81535646.cms
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