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Depository is an organization that holds securities for safekeeping to facilitate the transfer of ownership. Depositories like NSDL and CDSL dematerialize securities and maintain electronic records of ownership and transfer of securities. NSDL and CDSL are the two depositories in India that facilitate holding securities in electronic form and settlement of trades in the Indian capital markets.

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0% found this document useful (0 votes)
34 views2 pages

1 Siksha

Depository is an organization that holds securities for safekeeping to facilitate the transfer of ownership. Depositories like NSDL and CDSL dematerialize securities and maintain electronic records of ownership and transfer of securities. NSDL and CDSL are the two depositories in India that facilitate holding securities in electronic form and settlement of trades in the Indian capital markets.

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SidVerma
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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SIKSHA ‘O’

ANUSANDHAN
Deemed to be
university

Introduction to
Financial Markets

TOPIC: What is depositories?


Explain their
functions. Discuss about NSDL
&CDSL.

Name- Simran Verma


Registration no. - 1841303091

Submitted to:-
Mrs Pallavi Mishra

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