A Depository Services can be compared to a bank. A depository holds securities (like
shares, debentures, bonds, Government Securities, units etc.) of investors in electronic
form. Besides holding securities, a depository also provides services related to
transactions in securities.
Central Depository Services (India) Ltd (CDSL) promoted by BSE and other Govt. institutions
works to support the investors and brokers in the capital market of the country.
CDSL aims at ensuring the safety and soundness of Indian marketplaces by developing
settlement solutions that increase efficiency, minimize risk and reduce costs.
One can also avail “SMART” (SMs Alerts Related to Transactions) and “Easiest” (Electronic
Access to Securities Information and Execution of Secured Transaction) which gives
an investor the fair and Transperant details of their accounts at the convenience
ISL is a SEBI registered Depository participant affiliated to CDSL with registration
No. IN-DP-CDSL-269-2004. The DP ID is 036200. The Company offers the account holders,
demat services at attractive charges.