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What this article will cover
A full webnotes article on Market infrastructure institution will cover the market infrastructure institution (MII) category covering stock exchanges, clearing corporations and depositories, the governance obligations it carries, and the higher settlement and penalty exposure that attaches to it, with internal links to neighbouring topics on webnotes.in and a references section pointing to primary sources.
webnotes.in covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Revisions are tracked against the SEBI and NPCI rule changes referenced in the article.
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