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Article Details ::
Article Name :
A COMPARATIVE STUDY OF FINANCIAL PERFORMANCE OF NSDL AND CDSL
Author Name :
Kalpesh K. Chauhan
Publisher :
Ashok Yakkaldevi
Article Series No. :
ROR-2345
Article :
Author Profile
Abstract :
A depository is a bank for securities. When all or a majority of investors deposit their securities in a depository, the registers of the company will contain only the depository’s name instead of the thousands of investors. The updation of ownership account with the depository can be done by means of deposit/withdrawal slips. The account can be opened with a zero balance. A stock broker, who trades on behalf of his client or investors in and maintains securities account balances of his client and keeps them informed about their status from time to time.
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