18

Depositories and Custodians

Chapter Objectives

This chapter will enable you to develop an understanding of the following:

  1. The meaning of the depository system

  2. The need for setting up a depository system in India

  3. The difference between a demat share and a physical share

  4. The benefits of a depository system

  5. The move on the depository System in India

  6. The depository process

  7. Depositories such as the National Securities Depository Limited and the Central Depository Services (India) Limited

  8. The meaning of custodians

  9. The stock holding Corporation of India Limite

THE DEPOSITORY SYSTEM

Technology has changed the face of the Indian stock markets in the post-liberalisation era. Competition amongst the stock exchanges, increase in the number of players, ...

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