To be India 's premier Clearing Corporation , delivering multi-asset market structure with innovation and efficiency, anchored in robust risk management and aligned with global best practices... Indian Clearing Corporation Limited (ICCL), a wholly-owned subsidiary of BSE Ltd., was established in 2007. Recognised by Securities and Exchange Board of India (SEBI) under the Securities Contracts Regulations (2018), ICCL serves as the clearing corporation for BSE, managing Collateral, Risk Management, Clearing , and Settlement functions. Company Profileइंडियन क्लियरिंग कॉर्पोरेशन लिमिटेड (आईसीसीएल), बीएसई लिमिटेड (“BSE”) की पूर्ण स्वामित्व वाली सहायक कंपनी है, जिसकी स्थापना 2007 में हुई थी। प्रतिभूति अनुबंध विनियमन (2018) के तहत भारतीय ... ICCL's network of Clearing banks and its affiliations with different financial aggregators helps it, in the settlement of funds for purchase and redemption transactions of both demat and non-demat transactions.