CDSL becomes first depository to open 5cr active Demat accounts

CDSL received its certificate of commencement of business from SEBI in February 1999.

Nov 26, 2021 02:11 IST India Infoline News Service

Stock Market Trader, Stock Trader, Trading
Central Depository Services (India) Limited (CDSL), the first and only listed depository in India has announced on Friday that it is the first depository to hold Five crore plus (50 million plus) active demat accounts.

Central Depository Services (India) Limited (CDSL) is India’s leading and only listed depository, with an objective of providing convenient, dependable and secure depository services at affordable cost to all market participants.

CDSL received its certificate of commencement of business from SEBI in February 1999 and it facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges.

At around 2:04 PM, CDSL was trading at Rs1410 per piece down by 4.29% on the NSE.

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