Date:24/11/2006 URL: http://www.thehindu.com/2006/11/24/stories/2006112403311800.htm
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Business - Briefly

HDFC allowed to open new demat accounts

MUMBAI: The Securities and Exchange Board of India on Thursday allowed HDFC Bank, one of the eight depository participants (DPs) in the IPO scam, to open new demat accounts but maintained that the bank did not exercise due diligence.

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