ICCL has demanded Rs 100 crore from NSE as pending clearing and settlement dues since September 2022. NSE disputes overcharges, claiming Rs 51 crore refund is pending. Meanwhile, NSE Clearing seeks Rs 104 crore from BSE for the Settlement Guarantee Fund. SEBI is aware of the dispute under the interoperability framework.
D-St soars on wings of peace and chances of an oil windfall
Indian markets surged on Wednesday, reversing Tuesday’s losses, buoyed by falling crude oil prices and a positive sentiment from the monsoon’s arrival. Key sectors like