Published on: November 30, 2022

Central Depository Services (India) Limited(CDSL)

Central Depository Services (India) Limited(CDSL)

Why in news?

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


  • 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