{"id":16669,"date":"2019-09-18T11:08:22","date_gmt":"2019-09-18T11:08:22","guid":{"rendered":"http:\/\/faceinews.com\/?p=16669"},"modified":"2019-09-18T11:08:22","modified_gmt":"2019-09-18T11:08:22","slug":"nse-clearing-ltd-empanels-federal-bank-for-accepting-e-fdrs","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=16669","title":{"rendered":"NSE Clearing Ltd Empanels Federal Bank for Accepting e-FDRs"},"content":{"rendered":"<p class=\"m_1991526590420585090MsoNormalCxSpMiddle\" align=\"center\"><b><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/10\/Federal-Bank-Logo.jpg\" rel=\"attachment wp-att-7370\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7370\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/10\/Federal-Bank-Logo.jpg\" alt=\"Federal Bank Logo\" width=\"1100\" height=\"400\" srcset=\"https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/10\/Federal-Bank-Logo.jpg 1100w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/10\/Federal-Bank-Logo-300x109.jpg 300w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/10\/Federal-Bank-Logo-768x279.jpg 768w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/10\/Federal-Bank-Logo-1024x372.jpg 1024w\" sizes=\"auto, (max-width: 1100px) 100vw, 1100px\" \/><\/a><\/b><\/p>\n<p class=\"m_1991526590420585090MsoNormalCxSpMiddle\" align=\"center\"><b>NSE Clearing Ltd Empanels Federal Bank for Accepting e-FDRs<\/b><\/p>\n<p class=\"m_1991526590420585090MsoNormalCxSpMiddle\"><u><\/u>\u00a0<a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><u><\/u><\/p>\n<p class=\"m_1991526590420585090MsoNormalCxSpMiddle\"><b>Chennai, September 2019:<\/b>\u00a0NSE Clearing Limited has empanelled Federal Bank for submitting Fixed Deposit Receipts in electronic form (e-FDRs) as collateral to clearing\/trading members. This move is a significant step in the digitization journey of the Government, and the Bank is proud to be associated with NSE Clearing Limited on this. Further, the use of e-FDRs will eliminate risks arising from loss of physical certificates or fraudulent certificates. This facility is available at all branches of Federal Bank.\u00a0 Trading members can avail this facility quite easily by placing requests at the branches of Federal Bank.<u><\/u><u><\/u><\/p>\n<p class=\"m_1991526590420585090MsoNormalCxSpMiddle\"><u><\/u>\u00a0<u><\/u><\/p>\n<p class=\"m_1991526590420585090MsoNormalCxSpMiddle\"><b>Commenting on this initiative, Mr. Radhakrishnan K, Senior Vice President &amp; Country Head -Retail Liabilities said,<\/b>\u00a0\u201cFederal Bank is a pioneer in providing digital capabilities in the country and the introduction of e-FDR is one further step in this direction. We are sure that trading members will find this an easy and convenient way to place deposits required by NSE Clearing Ltd.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NSE Clearing Ltd Empanels Federal Bank for Accepting e-FDRs \u00a0 Chennai, September 2019:\u00a0NSE Clearing Limited has empanelled Federal Bank for submitting Fixed Deposit Receipts in electronic form (e-FDRs) as collateral to clearing\/trading members. This move is a significant step in the digitization journey of the Government, and the Bank is proud to be associated with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7370,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-16669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/16669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16669"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/16669\/revisions"}],"predecessor-version":[{"id":16670,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/16669\/revisions\/16670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/media\/7370"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}