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What is Depository System in India: NSDL & CDSL about?
The document discusses the depository system in India, with a focus on National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). It defines a depository as a company registered under the Companies Act of 1956 that has been granted a certificate by the Securities and Exchange Board of India. Depositories dematerialize securities and enable electronic trading, reducing costs associated with physical certificates. Investors
- Author
- Mithlesh Choudhary
- Language
- EN