Table of Contents
CDSL is a leading Central Depository Services (CDS) in India, established in 1999 by the Indian Stock Exchange (ISE) and the National Stock Exchange (NSX). It is a technology-driven company that provides a safe, secure, and efficient platform for investors to hold and manage their financial assets in a single place.
Overall, CDSL provides a comprehensive and efficient platform for investors to manage their financial assets safely and conveniently.
Is CDSL a government company?
No, CDSL (Central Depository Services Limited) is not a government company. It is a publicly listed company in India that operates as a depository, providing services for holding securities in electronic form and facilitating transactions in these securities.
Which type of company is CDSL?
: CDSL is a depository company. It provides services related to the holding of securities in dematerialized form and facilitates securities transactions such as transfers and pledges through electronic bookkeeping.
Is NSDL a government company?
No, NSDL (National Securities Depository Limited) is not a government company. It is a privately owned depository company in India, set up by financial institutions and banks to provide similar services as CDSL.
Question: What is the function of CDSL?
CDSL functions as a securities depository that holds securities such as stocks and bonds in electronic form. It facilitates transactions, including buying, selling, and transferring securities, ensuring the safety and accuracy of securities ownership records.
Who controls NSDL and CDSL?
th NSDL and CDSL are regulated and overseen by the Securities and Exchange Board of India (SEBI), which ensures compliance with regulations and protects investor interests. They are controlled by their respective boards, which include representatives from the financial institutions that are their shareholders.
Table of Contents
Categories