What is CDSL and NSDL ?

asked Monday, March 12, 2018

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.

answered Monday, March 12, 2018

1 Comments

1. Priya Gurunathan

| Link|Nov 19, 2011 3:17:25 PMReply

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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