Depository Services in India: NSDL and CDSL | Procedures of Depositary, Clearing House & Clearing member.
Depositories primary function is to hold securities either in certificated or un-certificated (dematerialized) form. The primary function of this depository is to hold securities either in certificated or un-certificated (dematerialized) form, and it helps enable the book-entry transfer of securities in electronic format for trading in securities. CDSL’s & NSDL’s primary focus is to provide … Read more