Journey of the Central Depository Services (India) Limited, 1999

In the era of technology and digitalization, the traditional methods of holding and transferring securities needed a revolutionary change. Depository systems emerged as a solution to facilitate seamless trading, settlement, and transfer of securities in a secure and efficient manner. This article delves into the inception and evolution of depository systems in India, with a specific focus on Central Depository Services (India) Limited (CDSL), a key player in the Indian capital market and a pioneer in providing convenient, dependable, and secured depository services.