Comments
Central Depository Services, one of the leading depository service providers, has reported that it crossed handling over 10 crore demat accounts. As of September-end, it had 9.62 crore demat accounts.
CDSL received its certificate of commencement of business from SEBI in February 1999 and it facilitates holding and transacting securities in the electronic form and facilitates settlement of trades on stock exchanges.
The beneficial owners of the demat accounts are spread across India and serviced by over 580 Depository Participants from over 20,000 locations.
CDSL along with its subsidiaries also provides a host of services to the financial intermediaries and markets.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.