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- NSDL /CDSL DEPOSITORY System _ uwef: 9.12.23
With the inclusion of progressive Information technology in the world RBI of India have introduced the adoption of a unique centalised depository system for the safe and secure holding of the SECURITIES and complete DATA of equity shares trading in INDIA by forming the > N S D L & C D S L .
Both corporate bodies : NSDL & CDSL are to hold securily the all securities as BONDS , Equity shares in a dematerilsed form for holding and this system also facilitate the smooth transactions in Indian STOCK market exchanges . NSDL also functions as a Bank for generating the Demate account and manage the proper system of easy trading .
wef_31.3.2023 NSDL hoded more than 3.15 crore Demate accounts while CDSL more than 8.30 crore
FINANCIAL Learning _Being pursued as per Compliance ⤵️ CLICK below For value addded contents
-open Free Demate ac & begin Investing > copy link at browser
https://upstox.com/open-account/?f=38B2ML