Central Depository Services (India) Limited
Company overview
Central Depository Services (India) Limited, commonly known as CDSL, is a leading securities depository in India. It was established in 1999 and has since played a pivotal role in the Indian capital markets by providing reliable and efficient electronic securities depository services.
CDSL facilitates holding and transacting in securities such as equities, bonds, government securities, and mutual fund units in electronic form. The company offers various services including account opening, dematerialization of physical certificates, transfer of securities, settlement of trades on stock exchanges, and more.
An innovative technology that sets CDSL apart from its competitors is its robust infrastructure for secure storage and seamless transactions involving digitalized securities. This advanced technological framework ensures speed, accuracy, transparency, and security for all stakeholders involved.
One factor that makes CDSL stand out is its extensive reach across India through a wide network of intermediaries including depositary participants (DPs), issuer companies, stockbrokers etc., enabling it to serve both urban and rural investors effectively. Moreover,CSDL's commitment to innovation with focus on customer satisfaction gives them an edge over their competitors.
The company has also collaborated with various entities within the financial ecosystem such as stock exchanges like National Stock Exchange (NSE) & Bombay Stock Exchange(BSE), regulators like Securities And Exchange Board Of India(SEBI). These collaborations have further strengthened CDSL’s position as a trusted depository service provider in the Indian market