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Central Depositories Services India Ltd (CDSL)

Recently certain services at Central Depositories Services India Ltd (CDSL)were disrupted due to a suspected cyber-attack.

  • Central Depository Services Limited (“CDSL”) was found in 1999 to fulfil one goal: Convenient, Dependable and secured depository services.

  • CDSL is a government-registered share depository, alongside its other state-owned counterpart National Securities Depository Ltd (NSDL).

  • Over two decades later, everything they are involved in the values we have built on, dematerialisation of various asset classes, e-services – have all been in support of that singular goal, at an affordable cost.

  • They are a Market Infrastructure Institution (MII) and a crucial part of the Capital market structure, providing services to all Market participants – Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors.

  • A Depository is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.

  • Arth is a CSR Initiative from Central Depository Services (India) Ltd. with a mission to make financial education simple and accessible for all.

  • The Depository Act of 1996 regulates the establishment and operation of a depository in India.

    • SEBI is the governing body that regulates the functioning of any depository.

About National Securities Depository Limited (NSDL):

  • NSDL is India’s first & largest depository.

  • It was set up on November 8, 1996, formed with the purpose of handling the securities held in dematerialized form in the Indian capital market.

  • National Securities Depository Limited (NSDL) is promoted by the National Stock Exchange, Industrial Development Bank of India, and Unit Trust of India.

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