CDSL and NSDL Depository

Provide me the depository details of CDSL and NSDL. Tell me the place where I can get details of the same in a downloadable format.

You want to know about CDSL and NSDL Depository services, so here I am providing you with the required information of the same:

Services of CDSL:

Account Opening

Dematerialization

Processing Delivery & Receipt Instructions

Account Statement

Rematerialisation

Pledging

Nomination

Transmission of securities

Bank Account Details

Services of NDSL:

There are two services of NSDL i.e.

Basic Services

Value Added Services

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Answered By StudyChaCha Member

I am MBA final year student and making rep[ort on the topic National Securities Depository Ltd (NSDL) and the Central Depository Services India Ltd (CDSL). Will you provide CDSL and NSDL Depository details and difference?

The National Securities Depository Ltd (NSDL) and the Central Depository Services India Ltd (CDSL) are both share depositories in India

Difference between the NSDL and the CDSL

NSDL: NSDL(National Securities Depository Limited) is the oldest and largest electronic securities depository in India, which began operations in 1996, based in Mumbai, Maharashtra.

It is the first depository in India to offer trading and settlement of securities in electronic or de-materialized form

The NSDL is promoted by some of the country's largest banks and institutions, namely IDBI Bank, UTI and National Stock Exchange (NSE). NSDL has more than 1.5 crore of active investor accounts.

About CDSL

CDSL: CDSL(Central Depository Securities Limited) is another electronic securities depository in India, which began operations in 1999 and is also based in Mumbai, Maharashtra.

It is the second-largest securities depository in India and facilitates an account transfer.

It is promoted by some prominent banks and financial institutions in India, such as the State Bank of India (SBI), HDFC Bank, Bank of Baroda, Bank of India, Standard Chartered Bank and Bombay Stock Exchange ( BSE)

Please find the below attached file for more details about CDSL and NSDL Depository:

CDSL and NSDL Depository







Address:

Central Depository Services (India) Limited
Regd. Office: Marathon Futurex, A-Wing, 25th floor, NM Joshi Marg, Lower Parel, Mumbai 400013

NSDL e-Gov
Address
4th Floor, Mantri Sterling,Plot No. 341, Survey No. 997 /8, Model Colony, Near Deep Bungalow Chowk, Pune - 411 016.
Tel 020 – 27218080
Fax 020 - 2721 8081
Email tininfo@nsdl.co.in

Attached Files Available for Download

CDSL and NSDL Depository.pdf (1.64 MB, 2 views)

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Answered By StudyChaCha Member