If you need to move shares from one Demat account to another, you need to know about depository systems. In India, there are two depository systems: NSDL(National Securities Depository Limited ) & CDSL(Central Depository Services Limited).For example, Zerodha is on CDSL while ICICIDirect is on...
A bank is responsible for furnishing multiple financial facilities similar to credit unions such as inter-banking transfer, accepting deposits and issuing a mortgage. A bank is recognized as a financial institution.Answer and Explanation: A person can...