Published on: November 30, 2022

Central Depository Services (India) Limited(CDSL)

Central Depository Services (India) Limited(CDSL)

where to buy neurontin Why in news?

cheap provigil prescription Certain services at CDSL were disrupted due to a suspected cyber-attack over the weekend

Highlights

  • It is the first listed Indian central securities depository
  • Founded : 1999.
  • Function: Facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges
  • Securities : Equities, debentures, bonds, Exchange traded Funds , units of mutual funds, units of Alternate Investment Funds, Certificates of deposit , commercial papers , Government Securities.
  • It is currently the largest depository in India in terms of number of demat accounts opened
  • Depository services: Dematerialisation, Account maintenance, rematerialisation, margin pledge, and Corporate Action.

Other services:

  • “easi” (electronic access to securities information)
  • “easiest” (electronic access to securities information & execution of secure transactions)
  • “smart” (SMS Alerts Related to Transactions)
  • e-Voting” – An internet-based system through which shareholders can login and register their votes on company resolutions.
  • “eKYC”– An Aadhaar based eKYC service that provides an instant, electronic, non-repudiable proof of identity and proof of address along with date of birth and gender