Why in news?

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