CDSL Full Form - What does CDSL stand for?
CDSL stands for
Central Depository Services (India) Limited
Central Depository Services (India) Limited (CDSL) is India's second major securities depository, incorporated in 1999 and promoted by BSE along with leading banks and financial institutions. It performs the same core function as NSDL: holding securities in dematerialised form, effecting electronic transfers on instruction and maintaining ownership records through its network of depository participants. CDSL became one of the largest depositories in the world by number of demat accounts and operates the i-Depot and related platforms used by brokers, RTAs and corporates for settlements, corporate actions and e-mention requests. Its systems interface directly with the exchanges and with the clearing corporations for a seamless post-trade cycle. Like NSDL, it is regulated by SEBI and must meet strict technology, audit and investor-protection standards. Investors choose CDSL or NSDL indirectly, through whichever depository their DP is registered with, and both offer equivalent safety because securities are held in a fungible electronic pool with an audit trail. CDSL also provides services such as transmission of holdings, pledge creation for loans and consolidated account statements covering all a client's holdings.
What does CDSL stand for?
CDSL is an abbreviation of Central Depository Services (India) Limited. Each letter in CDSL maps to a word in the phrase:
| Letter | Word |
|---|---|
| C | Central |
| D | Depository |
| S | Services |
| L | Limited |
Where is CDSL used?
Investment abbreviations show up in contract notes, portfolio statements and market reports. Knowing what each term stands for makes it easier to track returns and risk.
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Frequently Asked Questions
What does CDSL stand for?+
CDSL stands for Central Depository Services (India) Limited.
What is CDSL?+
Central Depository Services (India) Limited (CDSL) is India's second major securities depository, incorporated in 1999 and promoted by BSE along with leading banks and financial institutions. It performs the same core function as NSDL: holding securities in dematerialised form, effecting electronic transfers on instruction and maintaining ownership records through its network of depository participants. CDSL became one of the largest depositories in the world by number of demat accounts and operates the i-Depot and related platforms used by brokers, RTAs and corporates for settlements, corporate actions and e-mention requests. Its systems interface directly with the exchanges and with the clearing corporations for a seamless post-trade cycle. Like NSDL, it is regulated by SEBI and must meet strict technology, audit and investor-protection standards. Investors choose CDSL or NSDL indirectly, through whichever depository their DP is registered with, and both offer equivalent safety because securities are held in a fungible electronic pool with an audit trail. CDSL also provides services such as transmission of holdings, pledge creation for loans and consolidated account statements covering all a client's holdings.
What is CDSL used for?+
CDSL (Central Depository Services (India) Limited) belongs to the Investments & Markets category. Investment abbreviations show up in contract notes, portfolio statements and market reports. Knowing what each term stands for makes it easier to track returns and risk.
Which category does CDSL belong to?+
CDSL is filed under Investments & Markets, one of the 10 categories in our directory of 1538 full forms.