What is CDSL and NSDL ?

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NSDL means National Securities Depository Limited which deals with National Stock Exchange (NSE).

CDSL means Central Depository Services Limited which deals with Bombay Stock Exchange (BSE).

NSDL and CDSL are electronic depositories that hold all the securities electronically in de-materialised format.

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Priya Gurunathan
1. Priya Gurunathan  Nov 19, 2011 14:17 I Like It. | Report Abuse Reply
National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) are depositories.
Depositories hold various securities like shares in electronic form.
A DP (Depository Participant) is like an agent of these depositories.
Investors open their account with depositories via depository participants.

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