The controversy between the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) unit on the clearing charge is deepening the dispute between Indian Clearing Corporation Limited (ICCL). NSE has accused ICCL of overcharging, while ICCL has claimed about Rs 100 crore on the exchange.
According to sources knowing the case, the ICCL had sent a demand notice to NSE for an outstanding amount of about Rs 100 crore on 7 February and then gave a reminder for it on 14 February.
On questions related to the demand of ICCL, an NSE spokesperson said the ICCL was charging double the fees from standard rates on the exchange for extended periods. The spokesperson claims that NSE has to charge more than Rs 51 crore from ICCL due to these fees.
First Published – February 20, 2025 | 10:43 pm IST
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