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Which among the following became the first bank subsidiary to enter the commodity broking business?
  • a)
    Axis Securities
  • b)
    Kotak Securities
  • c)
    HDFC Securities
  • d)
    National Securities Depository Limited
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which among the following became the first bank subsidiary to enter th...
Axis Securities launched commodity broking services with MCX and became the first bank subsidiary to enter the commodity broking business. Axis Securities launched commodity broking services with MCX and became the first bank subsidiary to enter the commodity broking business. These cover: industrial metals, energy and agricultural segments.
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Which among the following became the first bank subsidiary to enter the commodity broking business?a)Axis Securitiesb)Kotak Securitiesc)HDFC Securitiesd)National Securities Depository LimitedCorrect answer is option 'A'. Can you explain this answer?
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