itory
�������� A depository can�
be compared to a bank. A depository holds securities of investors in electronic form.
������ 1� NATIONAL SECURITIES DEPOSITORY LIMITED
��������� NATIONAL SECURITIES DEPOSITORY LIMITED [NSDL] is a depository promoted� by National Stock Exchange of India Limited, IDBI,UTI,SBI and other financial institutions.� NSDL commenced operation in November 1996.
� 2� CENTRAL DEPOSITORY SERVICE [INDIA] LIMITED
������� CENTRAL DEPOSITORY SERVICE (INDIA) LIMITED [CDSL] Is a depository promoted by The Stock Exchange, Mumbai jointly with SBI, Bank Of India,HDFC Bank and other financial institutions.CDSL commenced its operations in July 15th 1999.�
���� A depository participant (DP) is an agent of the depository who is authorized to offer depository services to the investors. Cochin Stock Brokers Limited is a wholly owned subsidiary of� Cochin Stock Exchange is a depository participant of the CSDL.CSBL Started its DP operation on May 2001.
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