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Overview of India by Raghu Kasturi is a document available to read on EtoBox.
An effective depository system is essential for maintaining an efficient capital market. Before depositories, paper-based trading faced problems like fake or lost certificates, delays, and mismatches. A depository dematerializes securities, holding them electronically to avoid risks of paper. It is governed by acts and regulations and operated through depository participants. There are two depositories in India - NSDL and CDSL. A depository system allows for opening accounts, dematerialization, rematerializ
- Author
- Raghu Kasturi
- Language
- EN