Jhaveri Securities Ltd.
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There are two types of Depository Services:
• NSDL (National Securities Depository Limited)
• CDSL (Central Depository Services Limited)
NSDL (National Securities Depository Limited): - This Corporation is located in Mumbai, India. Working for central securities depository in India. It’s promoted by institutions of national reputation and responsible for the electronic development of India.
NDLS is promoted by NSE (National Stock Exchange), IDBI (Industrial development bank of India Ltd.), UTI (Unit Trust of India), and some of prominent banks in country have taken a stake in NSDL.
NSDL is promoted by IDBI (Industrial Development Bank of India Limited), UTI (Unit Trust of India), NSE (National Stock Exchange), and some of prominent banks in the country have taken a stake in NSDL. Like SBI, HDFC Bank, Axis Bank, OBC, Dena Bank, Canara Bank, Union Bank of India etc.
CDSL (Central Depository Services Limited): - This is the second Indian central securities - Depository services in India based in Mumbai. CDSL is promoted by Bombay Stock Exchange (BSE), State Bank of India (SBI), Bank of India, Bank of Baroda, HDFC Bank, Standard Chartered Bank, and Union Bank of India.
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