Which are the Depositories in India?

Which are the Depositories in India?

There are two Depositories in India and they are as below:
>Central Depository Services (India) Limited (CDSL) Promoted by BSE, BOI, BOB, SBI and HDFC Bank
>National Securities Depository Limited (NSDL) Promoted by UTI, IDBI and NSE

    • Related Articles

    • What are the basics of Demat account in India?

      There are 3 important terms in understanding the Demat account in India. 1. Dematerialisation It is a process that facilitates the conversion of share certificates from physical to electronic form where shares held thereafter are easier to manage ...
    • What does this partnership between Quicko and India Infoline (IIFL) mean for IIFL customers?

      India Infoline (IIFL) has partnered with Quicko to simplify taxes for traders. Traders can choose from DIY and CA assisted Plans offered at discounted rates to stay tax compliant. Quicko offers Paperless & Hassle-free tax filing to all major brokers ...
    • What are Stamp Duty charges ?

      Stamp duty is charged by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.
    • What are the various statutory charges like stamp duty and taxes etc.?

      Taxes and Statutory charges are levied as below:- Securities/ Commodity transaction tax (STT/CTT) is a direct tax, similar to TCS or TDS, levied by the govt. For transactions executed on any recognized exchange in India. STT is charged at 0.1% on ...
    • Who regulates the Commodity Market?

      Securities and Exchange Board of India (SEBI) regulates the commodity derivatives market in India since September 28, 2015. Before September 28, 2015, the Commodity derivatives market was regulated by erstwhile Forward Markets Commission (FMC)