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en.wikipedia.org/wiki/Custodian_bank

A custodian bank, or simply custodian, is a specialized financial institution responsible for safeguarding a firm's or individual's financial assets and is not engaged in "traditional" commercial or consumer/retail banking such as mortgage or personal lending, branch banking, personal accounts, Automated Teller Machines (ATMs) and so forth. The role of a custodian in such a case ...

www.finmarketguru.com/difference-between-depository-and-custodian

Difference between Depository and Custodian: In the financial world, the role of depository and custodian is becoming similar and so there is a thin line..

www.nseindia.com/supra_global/content/nsccl/custodians.htm

Custodians are clearing members but not trading members. They settle trades on behalf of their clients that are executed through other trading members. A trading member may assign a particular trade to a custodian for settlement. The custodian is required to confirm whether he is going to settle that trade or not. ... State Bank of India Stock ...

www.vccircle.com/how-custodian-banking-can-mitigate-risk-in-indian-banking-system

Custodian banking will go a long way in developing the Indian capital markets with focus on new products and services to make India more investor friendly. Rajesh M Sharma is CEO at Orbis Financial Corporation Ltd, which provides custodial services to foreign and domestic investors.

pivotmgmt.com/custodian-bank-india-adopting-global-standards

Custodian Banks can meet the requirements of such mutual funds through tie ups with overseas providers of custodial and Banking services. 9. Encourage entry of Global Custodian Banks. Enabling “Custodian Banks” may encourage Global Custodian Banks to enter India and offer Custodian services.

www.quora.com/What-exactly-does-a-custodian-bank-do

A custodian bank steps in and holds the securities in its own name but on behalf of the actual owners, thus forming a fiduciary relationship between the bank and the customer. These securities are kept at an arm’s length of the investment provider so that they can...

www2.deloitte.com/.../financial-services/lu_emeacrs_custodianbanks_05072013.pdf

The changing role of custodian banks . The world of the depositary bank is changing due to increased regulation . There has been much public debate and comment around initiatives aimed at reforming the European internal market and beyond it the global arrangements in the wake of the financial crisis. In general such initiatives are centred ...

economictimes.indiatimes.com/markets/stocks/news/custodian-banks-stumped-by...

Confidentiality clauses andlack of such information with the custodian banks make the process difficult. BNY Mellon, JPMorgan Chase and Deutsche are among the leading custodians that cater to Indian companies. Currently, there are about a dozen Indian companies with significant equity in the form of depository receipts.

www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=27

Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto

www.nasdaq.com/article/what-is-the-market-share-of-the-5-largest-custody-banks...

The 5 largest global custody banks reported more than $100 trillion in assets under custody and administration (AUC/A) at the end of Q1 2016 - representing a market share of almost 60%.