India-based fintechSpice Moneyhas partnered withNSDL Payments Bankto support rural banking and financial inclusion in India. Specifically, this collaboration aims to have a positive impact on rural India by facilitating the opening of zero-balance bank accounts for its citizens. The primary objective...
National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) allow investors to deposit securities by opening an account. Investor accounts in NSDL, CDSL recorded at 2.5 crore Figures from the National Securities Depository (NSDL) revealed that foreign portfolio investors (FPIs...
If you don’t have a Demat account, you can open one with IDFC FIRST Bank. Its instant Demat account opening process is paperless, and there are no account opening charges as well. Enjoy an AMC-free first year with the IDFC FIRST Bank Demat account and start your stock market...
He made up rules when we were opening an account just so he didn't have to admit that he was in the wrong. I sent a follow-up email regarding the poor service and no one has even bothered to acknowledge it." satdip kaur "Neelkanth Safe Deposit Ltd was a great experience for me....
It works just like a bank. The only difference is that CDSL has securities from investors in electronic form whereas the bank has depositors money. What are the Roles and Responsibilities of CDSL? Following are the roles and responsibilities of CDSL. Demat account maintenance Dematerialization and...