After reading this article you will learn about the Dematerialisation and Rematerialisation of Shares. Dematerialisation of Shares: Dematerialisation is the process wherein share certificates or other securities held in physical form are converted into electronic form and credited to demat account of an investor opened with a depository participant. The demat account offers a number of benefits to the investor [...]
After reading this article you will learn about:- 1. Meaning of Depository System 2. Facilities Offered By Depository System 3. Advantages. Meaning of Depository System: It is a system whereby the transfer and settlement of scrips take place not through the traditional method of transfer deeds and physical delivery of scrips but through the modern system of effecting transfer of [...]
This article throws light upon the top two depository organisations. The organisations are: 1. National Securities Depository Ltd. (NSDL) 2. Central Depository Services (India) Limited. Organisation # 1. National Securities Depository Ltd. (NSDL): NSDL was the first depository organisation promoted by IDBI, UTI and National Stock Exchange (NSE). NSDL was set up to provide electronic depository facilities for securities being [...]