NSDL VS CDSL , which is best?
Both CDSL (Central Depository Services Limited) and NSDL (National Securities Depository Limited) are highly reputable depositories in India, regulated by the Securities and Exchange Board of India (SEBI), and they perform similar functions, such as holding securities in electronic form, facilitating trade settlements, and enabling services like dematerialization, rematerialization, and e-voting. Neither is inherently "better" than the other, as the choice depends on your specific needs, the Depository Participant (DP) you work with, and other practical considerations. Below is a detailed comparison to help you understand their differences and decide which might suit you better. Key Differences Between CDSL and NSDL Parameter NSDL CDSL Established 1996, India’s first depository 1999, three years after NSDL Primary Stock Exchange National Stock Exchange (NSE) Bombay Stock Exchange (BSE) Promoters NSE, IDBI Bank, UTI, SBI, HDFC Bank, and others BSE, Standard Chartered Bank, PPF...
