https://indianpedia.org/api.php?action=feedcontributions&feedformat=atom&user=202.142.121.214IndianPedia - User contributions [en]2026-07-30T21:04:40ZUser contributionsMediaWiki 1.45.4https://indianpedia.org/index.php?title=Central_Depository_Services&diff=192862Central Depository Services2021-09-22T17:50:24Z<p>202.142.121.214: </p>
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<div>{{Use dmy dates|date=July 2018}}<br />
{{Use Indian English|date=July 2018}}<br />
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{{Infobox company<br />
| name = Central Depository Services (India) Limited<br />
| logo = Central Depository Services logo.svg<br />
| logo_size = 120px<br />
| type = [[Central Securities <br />
Depository]]<br />
| traded_as = {{NSE|CDSL}}<br />
| industry = Depository Services<br />
| key_people = <ref>{{cite web|url=http://www.sify.com/finance/holding-the-key-to-cdsl-s-growth-news-features-kizcFhjafch.html |archive-url=https://web.archive.org/web/20121019072201/http://www.sify.com/finance/holding-the-key-to-cdsl-s-growth-news-features-kizcFhjafch.html |url-status=dead |archive-date=2012-10-19 |title=Holding the key to CDSL's growth |publisher=Sify.com |date=2010-08-25 |accessdate=2011-02-12}}</ref> Nehal Vora, (Managing Director & CEO)<ref>{{cite web|url=http://www.highbeam.com/doc/1G1-139698544.html |title=CDSL reduces demat charges to Rs 5. - PTI - The Press Trust of India Ltd. &#124; HighBeam Research - FREE trial |publisher=Highbeam.com |date=2005-12-12 |accessdate=2011-02-12}}{{dead link|date=February 2019|bot=medic}}{{cbignore|bot=medic}}</ref><br />
| products = <br />
| revenue = <br />
| foundation = {{start date |February 1999}}<br />
| location = [[Mumbai]], [[India]]<br />
| homepage = {{URL |http://www.cdslindia.com}}<br />
}}<br />
'''Central Depository Services (India) Ltd (CDSL)''', is the first listed Indian [[central securities depository]] based in [[Mumbai]].<br />
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Central Depository Services (India) Limited (CDSL) was initially promoted by the [[Bombay Stock Exchange|BSE Ltd]]. which thereafter divested its stake to leading banks. CDSL received the certificate of commencement of business from the [[Securities and Exchange Board of India|Securities and Exchange Board of India (SEBI)]] in February 1999.<br />
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The main function of CDSL is to facilitate holding of [[Dematerialization (securities)|dematerialised]] securities enables securities transactions to be processed by book entry.<br />
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CDSL facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on [[stock exchange]]s. These securities include [[Stock|equities]], [[debenture]]s, bonds, [[Exchange-traded fund|Exchange traded Funds (ETFs)]], units of [[mutual fund]]s, units of Alternate Investment Funds (AIFs), [https://www.investopedia.com/terms/c/certificateofdeposit.asp Certificates of deposit (CDs)], [https://m.rbi.org.in/Scripts/FAQView.aspx?Id=25 commercial papers (CPs)], [https://www.rbi.org.in/commonman/English/scripts/FAQs.aspx?Id=711#:~:text=What%20is%20a%20Government%20Security%20(G%2DSec)%3F&text=1.3%20Treasury%20bills%20or%20T,securities%20and%20pay%20no%20interest. Government Securities (GSecs)] and Treasury Bills (TBills).<br />
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CDSL was listed on June 30, 2017 on the National Stock Exchange (NSE) through [[Initial public offering|Initial Public Offer (IPO)]] and thereafter became the first and the only [[Depository Trust & Clearing Corporation|depository]] to get listed in [[Asia-Pacific|Asia-Pacific region]] and second in the World<br />
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The balances in the investors account recorded and maintained with CDSL can be obtained through the [[Depository participant|Depository Participant (DP)]]. The DP is required to provide the investor, at regular intervals, a statement of account which gives the details of the [[Security (finance)|securities]] holdings and transactions. The depository system has effectively eliminated paper-based certificates which were prone to be fake, forged, counterfeit resulting in bad deliveries. CDSL offers an efficient and instantaneous transfer of securities.<br />
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== Promoters/Shareholders ==<br />
CDSL is promoted by [[Bombay Stock Exchange|Bombay Stock Exchange Ltd]] (BSE Ltd) - the Asia's latest Stock Exchange. Other shareholders include [[HDFC Bank|HDFC Bank Ltd]], [[Standard Chartered|Standard Chartered Bank]] and [[Canara Bank]].<br />
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==See also==<br />
*[[Clearstream]]<br />
*[[Euroclear]]<br />
*[[National Securities Depository Limited|National Securities Depository Limited (NSDL)]]<br />
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==References==<br />
{{reflist}}<br />
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==External links==<br />
* [http://www.cdslindia.com Official site]<br />
{{Insurance in India}}<br />
{{Financial services in India}}<br />
<br />
[[Category:Central securities depositories of India]]<br />
[[Category:Financial services companies based in Mumbai]]<br />
[[Category:Financial services companies established in 1999]]<br />
[[Category:1999 establishments in Maharashtra]]<br />
[[Category:Indian companies established in 1999]]<br />
[[Category:Companies listed on the National Stock Exchange of India]]<br />
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